LTP Trade Finance IndexÖ - December 2002 performance update and summary

The LTP Trade Finance IndexÖ returned a solid 5.03% overall in 2002.
January 16, 2003

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.

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