S&P produces correlation index

S&P has launched the S&P Diversified Trends Indicator designed to offer investors an alternative investment indicator uncorrelated to traditional bond and equity performance.

The indicator comprises long and short positions in 24 highly liquid financial and commodity futures. S&P will calculate and publish daily values of the indicator

Historic returns from the indicator since 1961 have shown, over the long-term, it historically has a high correlation with the CPI, especially in inflationary envir