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Why does Lipper Hindsight cover currencies and Indices?

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Why does Lipper Hindsight cover currencies and Indices?

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Lipper Hindsight also offers a broad selection indices and currencies databases, including MSCI. These are required in order to permit comparisons of funds denominated in different currencies and/or to enable comparisons of particular funds against established investment benchmarks/securities indices for benchmarking purposes.

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