Lipper is to create a family of stock and equity benchmarks based on the portfolio data it collects...
Lipper is to create a family of stock and equity benchmarks based on the portfolio data it collects in its role policing IMA sectors. Each of these so-called 'active' benchmarks will mirror the average stock exposures of a sector peer group. It also aims to use the data to calculate values for the indices which it will be able to organise according to asset classes, fund type and even capitalisation criteria. These index values will be updated, initially on a monthly basis, and later with greater frequency. The product, which resembles the Caps pensions asset allocation benchmark, is...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes