Lipper average
Encyclopedia
Lipper Analytical Services
provides a series of indices that establish benchmark
s to measure the performance
of a portfolio
, or of various mutual fund
s and Exchange Traded Funds. They allow an investor
, a portfolio manager
, or an institutional investor
to compare the performance of his/her investment portfolio against other, similar investments. Historical trends, strengths and weaknesses can be evaluated.
Each index consists of the 30 largest mutual funds for each category. Investments are grouped by sector, industry, country, and market capitalization. Lipper indices enable anyone to benchmark a portfolio against other competitors, rather than against passive indices. The Wall Street Journal and Barron's carry some of the information supplied by Lipper Analytical Services on a regular basis.
Lipper Analytical Services is a wholly owned subsidiary of Thomson Reuters
, with principal offices at 3 Times Square, New York City, USA.
Lipper
Lipper, Inc., a subsidiary of Thomson Reuters, provides mutual and hedge fund data, analytical tools, and commentary. Lipper covers over 213,000 share classes and more than 117,000 funds located in over 60 domiciles.-Corporate history:...
provides a series of indices that establish benchmark
Benchmarking
Benchmarking is the process of comparing one's business processes and performance metrics to industry bests and/or best practices from other industries. Dimensions typically measured are quality, time and cost...
s to measure the performance
Investment performance
Investment performance is the return on an investment portfolio. The investment portfolio can contain a single asset or multiple assets. The investment performance is measured over a specific period of time and in a specific currency....
of a portfolio
Portfolio
Portfolio literally means "a case for carrying loose papers," ....
, or of various mutual fund
Mutual fund
A mutual fund is a professionally managed type of collective investment scheme that pools money from many investors to buy stocks, bonds, short-term money market instruments, and/or other securities.- Overview :...
s and Exchange Traded Funds. They allow an investor
Investor
An investor is a party that makes an investment into one or more categories of assets --- equity, debt securities, real estate, currency, commodity, derivatives such as put and call options, etc...
, a portfolio manager
Portfolio manager
A portfolio manager is either a person who makes investment decisions using money other people have placed under his or her control or a person who manages a financial institution's asset and liability portfolios....
, or an institutional investor
Institutional investor
Institutional investors are organizations which pool large sums of money and invest those sums in securities, real property and other investment assets...
to compare the performance of his/her investment portfolio against other, similar investments. Historical trends, strengths and weaknesses can be evaluated.
Each index consists of the 30 largest mutual funds for each category. Investments are grouped by sector, industry, country, and market capitalization. Lipper indices enable anyone to benchmark a portfolio against other competitors, rather than against passive indices. The Wall Street Journal and Barron's carry some of the information supplied by Lipper Analytical Services on a regular basis.
Lipper Analytical Services is a wholly owned subsidiary of Thomson Reuters
Thomson Reuters
Thomson Reuters Corporation is a provider of information for the world's businesses and professionals and is created by the Thomson Corporation's purchase of Reuters Group on 17 April 2008. Thomson Reuters is headquartered at 3 Times Square, New York City, USA...
, with principal offices at 3 Times Square, New York City, USA.