Through the integration of Lipper’s classifications, InvestmentView now provides institutional grade data and allows users to search and display information on open end, closed end and exchange traded funds. As a result of the upgrade, Lipper Leaders Ratings, the firm’s mutual fund rating system, has become a core part of InvestmentView.

"The inclusion of the Lipper Classification Data for funds represents a fundamental shift towards institutional grade data quality in our InvestmentView product. Our advisory community will now start to reap the benefits of the Lipper brand, and early feedback from our user base has been extremely positive," said John Fennelly, global head of wealth management, Thomson Reuters.

Lipper’s US diversified equity fund classification model was launched to the fund management community as a framework for performance evaluation in 1999. Lipper offers mutual fund indices based on a majority of the USDE fund classifications.

Thomson Reuters’ provides three wealth management platforms: Thomson ONE, Reuters Wealth Manager and Reuters Plus. The firm currently tracks 180,000 mutual fund share classes across 52 counties.