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Thomson Reuters launches Lipper for Investment Management software

Tool aims to assist asset managers with research

By Davis D. Janowski

July 6, 2009 3:32 pm ET

Thomson Reuters, the parent company of Lipper Inc., today launched Lipper for Investment Management, a software tool aimed at assisting asset managers with their research.

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The product is built from Lipper's global fund data and content, which covers more than 197,000 share classes, including mutual funds, closed-end funds, exchange traded funds, hedge funds, domestic pension and insurance products.

The hosted desktop product also includes Lipper Leaders, Lipper's mutual fund rating system and charting capabilities.

The latter, which takes advantage of a Microsoft Excel add-in, is meant to help with performance and risk analyses.

It will compete against Morningstar Direct from Chicago-based Morningstar Inc.

Thomson Reuters declined to disclose pricing for the new service, saying that it is dependent on the content modules and number of users.

Thomson Reuters and Lipper are both based in New York.

Visit Lipper's product pageto make a connection.

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