LTP Trade Finance IndexĂ– - December 2002 performance update and summary

The LTP Trade Finance IndexĂ– returned a solid 5.03% overall in 2002.

Against a background of wide variations in asset returns in 2002 the FTA World Equity Index fell by 20%, whilst JP Morgan's EMBI index rose by 14% the LTP Trade Finance Index, which measures the total return on a representative basket of trade finance assets, returned a solid 5.03% overall in 2002.

Whilst this was lower than 2001's performance, when the Index returned 8.4%, it was nevertheless better than putting your money on a rolling deposit which returned 3.14% in US Dollars in 2002, and the volatility of the Trade Finance Index which measures the riskiness of the returns achieved was just 0.84%, compared to a volatility of over 16% on...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222