Thomson Reuters integrates Lipper into wealth management product

Source: Thomson Reuters

Thomson Reuters today announced that InvestmentView has been fully enhanced with the integration of Lipper U.S. mutual fund classification data.

InvestmentView is the company's wealth management online product that provides a complete mutual fund point-of-sale solution for financial advisors and product providers.

With the integration of Lipper classifications, InvestmentView now provides institutional grade data enhancing the ability to search and display information on open end, closed end and exchange traded funds. Lipper Leaders Ratings, Lipper's investor-centered mutual fund rating system, is available today becoming a core part of InvestmentView.

John Fennelly, Global Head of Wealth Management, Thomson Reuters, said: ""The inclusion of the Lipper Classification Data for funds represents a fundamental shift towards institutional grade data quality in our InvestmentView product. Our advisory community will now start to reap the benefits of the Lipper brand, and early feedback from our user base has been extremely positive."

Lipper's U.S. diversified equity fund classification model provides a framework for fund directors and management companies to use as a basis for performance evaluation. USDE fund classifications provide investment practice distinctions and thus set reasonable expectations about funds for retail investors and financial advisors. The model has proven helpful to the investment community since its introduction in September 1999. Lipper offers mutual fund indices based on a majority of the USDE fund classifications.


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