Lipper Broadens Fund Coverage To Better Track Investment Styles

MARKET DATABASE

SUMMIT, N.J.--Reuters' Lipper Inc. subsidiary revised its definitions of fund groupings to better track the actual investment styles funds follow. The revisions became available on Lipper's Web site and clients of the Lipper Analytical New Applications, or LANA, services in early June.

Company president Simon Thomson says the new categories will be distributed alongside the old ones to institutional users of the LANA services through the summer, and will be distributed to media outlets such a

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