S&P Unveils Alt. Investment Indicator

December 4, 2002 (PLANSPONSOR.com) - Plan sponsors making or monitoring alternative investments may get more information about market trends from a new S&P Diversified Trends Indicator (S&P DTI) from Standard & Poor's.

According to an S&P announcement, the S&P DTI will be made up of long and short positions in 24 financial and commodity futures and should be uncorrelated to traditional bond and equity returns.

Standard & Poor’s said it will calculate and publish daily values of the S&P DTI, while the Dallas-based financial services company and the original developer of the concept, Alpha Financial Technologies LLC (AFT), will market it to buy-side firms and other product developers.

Standard & Poor’s expects to launch the S&P DTI in the first quarter of 2003 and daily values  will be available publicly .