Sign up today and take advantage of member-only content — the kind of timely, cutting edge industry insight that only Money Management Executive can deliver.
  • Exclusive Online Only Content
  • Free Daily Email News Alerts
  • Asset Management Blogs

Lipper Delays New Mutual Fund Service


Lipper of Summit, N.J. has delayed its plans to introduce additional categories to classify domestic equity funds until September. The research company, owned by Reuters, had originally intended to introduce the new classifications in June.

The new system will place more emphasis on the market value of stocks in a fund. Michael Lipper, president of the firm, said it will provide a better method for measuring a fund's volatility.