Global investor confidence down in September

Global investor confidence declined overall in September but some regions saw confidence rise – including Europe.

State Street’s Global Investor Confidence Index (ICI) saw an overall decline of 2.4 points, to 104.4 (100 is the break-even point, meaning sentiment is still positive). This was driven by a drop in the North American index.

However, the European ICI registered a 4.7 points rise to 93.7.

The index measures investor confidence or risk appetite quantitatively by analysing the buying and selling patterns of institutional investors. The greater the percentage allocation to equities, the higher risk appetite or confidence.

Kenneth Froot, professor emeritus of business administration at Harvard, said: “The regional breakdown of our Investor Confidence Index this month reveals rather diverging paths. Confidence has strengthened in Europe and Asia on the back of optimistic economic conditions. However, it has weakened in North America with renewed geopolitical concerns and the [Federal Reserve’s] pivotal decision to gradually trim its $4.5 trillion portfolio.”

©2017 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

Innovative US companies are providing some of the solutions to the climate crisis and transition to a more sustainable economy. We see potential opportunities in areas including renewable energy and…
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

IRELAND SPOTLIGHT

Visit our dedicated Ireland channel for all the latest news and analysis on the country's investment industry.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST