Thomson Reuters’ latest tool will give investment managers ‘an edge’

The solution is aimed at providing efficient fund analysis and reporting on over 197,000 share classes covering mutual funds, closed-end funds, exchange traded funds, hedge funds, domestic pension and insurance products in 60 countries and fund holdings in 12 major markets.

It is thought to help info pros and asset managers to improve their research methods to stay ahead of the competition amid worsening financial conditions. Its fund coverage will enable professionals to spot opportunities and profit from better investment decisions, according to the financial information provider.

Andre Lavoie, global managing director, investment management, Thomson Reuters said: “Today more than ever before, fund managers are increasingly seeking independent investment insight to provide an edge that differentiates them from their peers.

The platform is available in UK and US English and Japanese with coverage of local market classifications. It will soon be supporting German and simplified and traditional Chinese.

The hosted desktop product includes Lipper’s mutual fund rating system, and charting capabilities that enable risk and performance analyses. Lipper is a subsidiary of Thomson Reuters and provides mutual and hedge fund information, analytical tools, data and commentary. Having been acquired by Reuters, Lipper became part of Thomson Reuters when Thomson Financial and Reuters merged in April last year.