MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, March 26, 2002 Risk Profiling Comes to MFs Risk profiling. They have it for stocks, they have it for derivatives, and now they have it for mutual funds. Lipper and Barra, Inc. have teamed up to create a risk profiling product for the mutual fund community, a spokesperson with Lipper told the MutualFundWire.com. "This is a work in process," the spokesperson explained. For the two firms, this move is in many ways a meeting of the minds; Barra is bringing its risk management technology, and Lipper is bringing its knowledge of the mutual fund universe. The firms have set their sites on the end of year as a completion date for the service. It is being designed for investment professionals and intermediaries. At this point, the distribution channels have not yet been worked out. "There is a real need for a sophisticated risk profiling tool in the mutual fund industry, and we believe that Barra and Lipper together can provide it," the official contended. Printed from: MFWire.com/story.asp?s=2171 Copyright 2002, InvestmentWires, Inc. All Rights Reserved |