Thomson Reuters Lipper (part of Thomson Reuters) is an American financial services firm. Founded in 1973 as Lipper Analytical Services, it was acquired by
Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world.
The agency was est ...
in 1998.
Corporate history
Lipper Analytical Services was founded in 1973 by securities analyst A. Michael Lipper.
The company's initial focus was to provide data and analysis to mutual funds companies in the
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., federal district, five ma ...
. In subsequent years, Lipper Analytical Services expanded via growth and acquisitions. In 1998, Lipper Analytical was acquired by Reuters Group PLC as a wholly owned subsidiary.
[ In April 2008, Lipper became part of Thomson Reuters when Thomson Financial and Reuters merged. The Lipper Fiduciary Services and competitive business unit known as Lipper FMI was purchased by Broadridge Financial Solutions in May 2015.
Acquired companies that have operated under the Lipper brand include:
* Hardwick Stafford Wright Limited (HSW) - supplier of fund performance information to the UK industry
* BOPP ISB AG - Swiss provider of fund performance and analysis
* CAMRA - supplier of fund portfolio information and analysis
* BT Alex Brown Investment Trusts - data business, a division of Bankers Trust International Plc
* Fitzrovia International - a UK based provider of fund fees and expenses research
* HedgeWorld - news, research and analysis on global hedge funds
* TASS Research - hedge fund performance database.
* FERI Fund Market Information Ltd - European fund market research specialist.
*AMG Data Services - U.S. based mutual fund flows data provider
*Globe and Mail Mutual Fund Database - tracker of Canadian mutual fund performance
Lipper provides ]retirement
Retirement is the withdrawal from one's position or occupation or from one's active working life. A person may also semi-retire by reducing work hours or workload.
Many people choose to retire when they are elderly or incapable of doing their j ...
plan analysis and reporting tools for financial advisors and research from its offices in the Americas, Europe, Asia and the Middle East.
Fund ratings and indices
Lipper Leaders Rating System
The Lipper Leaders Rating System is a mutual fund rating system that uses investor-centered criteria, such as capital preservation, expense and consistent return. Funds are rated on a numeric scale of 5 to 1, with ‘5’ representing funds with the highest rating or Lipper Leaders, and ‘1’ representing the lowest rated funds.
The Lipper Ratings are derived from formulas that analyze funds against defined criteria. Funds are compared to similar funds within a peer group. Each fund is ranked against its peers based on the metric used (such as Total Return or Expense), and the highest 20% of funds in each peer group are named Lipper Leaders, the next 20% receive a rating of