Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Reuters Buys Fund Info Specialist Not Rated 5.0 Email Routing List Email & Route  Print Print
Monday, December 02, 2002

Reuters Buys Fund Info Specialist

by: Sean Hanna, Editor in Chief

Fund tracker Lipper has purchased Capital Access International, a bond information specialist for no more than $6.35 million in cash. The final price tag is dependent on financial performance and any "hidden" liabilities, said Reuters in a statement.

Michael Peace, Lipper's chief executive officer said that the deal would allow the fund tracker to "benchmark and categorize mutual funds globally on peer asset allocation across both asset classes."

Lipper, a unit of Reuter, will integrate Capital Access into its operations and use the newly acquired data as part of its toolset to track bond mutual funds. Capital Access tracks detailed information on bond issues and Lipper should be able to build that data into its bond fund analytics.

The deal will not shake up the management of the acquired researcher, says Reuters. David Farrington, chairman and CEO of Capital Access will become an executive vice president of Institutional Holdings at Lipper while eMAXX and other products and services will join Lipper's product roster and retain their current names.

Morristown, New Jersey-based Capital Access provides institutional investor profile information and bond ownership analysis to fixed income professionals.

 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

5.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use