Lipper, Morning Star, Standard & Poor's. PMicropal and GlobalFundAnalysis are specialized fund evaluation institutions, focusing on fund performance evaluation, developing dozens of products for different customers and expanding income channels, which is also a magic weapon for fund evaluation companies to survive and develop. Standard & Poor's. Standard & Poor's and Moody's are credit rating companies and also engage in fund evaluation. Fund performance evaluation is just one of their many rating businesses.
(2) The evaluation objects are slightly different.
Lipper, Morning Star, Standard & Poor's. PMicropal has set up branches in all major fund markets, so their evaluation targets cover almost all kinds of funds publicly issued in most countries and regions around the world. In contrast, GlobalFundAnalysis and Moody's evaluation objects are relatively narrow. GlobalFundAnalysis mainly evaluates nearly 10 thousand kinds of international offshore funds, while Moody's funds mainly rate bond funds and money market funds.
(3) Evaluation methods have their own characteristics.
Moody's and Standard Poor's; PMicropal adopts the ranking method of stars. GlobalFundAnalysis uses the asterisk rating of the scoring method. Standard & Poor's. P'S and Mgody's follow the symbol of credit rating, and give the rating of the rated fund through substantive analysis and standard judgment. Lipper's rating results are not marked by specific symbols, but announced by sorting, evaluating and listing indicators.
(4) Different profit models.
Standard & Poor's. PMicropal has a fund rating business, which evaluates the performance of its funds at the request of fund managers and charges a certain fee, while most fund performance evaluation companies only obtain income by providing services derived from fund performance evaluation, such as fund data, investment analysis tools, research reports and online services. For example, Momingstar provides institutional investors with asset management analysis software, with an annual usage fee of $545, online paying customers pay $99, and the published Morning Star and Fund costs $500 in magazine subscription.