Morgan Stanley Investment Management introduced an enhanced index strategy called Equities Plus, confirmed spokeswoman Andrea Slattery. Its goal is to provide S&P 500-like returns, plus enhanced total returns, from actively managed fixed-income investments. The portfolio primarily invests in equity index derivatives to gain exposure to the S&P 500, combined with investment-grade dollar-denominated fixed-income securities. The strategy will be managed by managing directors Steve Kreider and Neil Stone. Messrs. Kreider and Stone will also work with MSIM's interest-rate, mortgage and credit fixed-income teams on the strategy.