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Investors spring into a confident March

Investor confidence risingInvestors around the world showed an increased appetite for risk with confidence rising during March, according to State Street Associates.

The State Street Global Investor Confidence Index increased to 111.9, up 4.8 points from February.

The North American index showed the biggest increase, rising 5.8 points to 109.8, while the Europe rose 1.6 points to 102.1, and Asia increased 1.3 points to 109.6.

The index measures investor confidence by analysing the buying and selling patterns of institutional investors.

The greater the percentage allocation to equities, the higher risk appetite or confidence. A reading of 100 is neutral.

Rajeev Bhargava, managing director and head of investor behaviour research at State Street Associates, said: “Although the global index increased this month, it will be interesting to see if continued Federal Reserve tightening and recent money market stress will impact investor sentiment going forward.”

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