Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

34749

Investor confidence down 3.8 points in January to 100.7

RELATED TOPICS​

The State Street Global Investor Confidence Index decreased to 100.7 in January, down 3.8 points from December’s revised reading of 104.5. 

The fall in Investor Confidence was driven by a 7.3 point decline in North American ICI to 96.0. Meanwhile, the European ICI and Asian ICI both increased, with European ICI rising 7.1 to 94.8 and Asian ICI rising 3.1 to 115.9.

The Investor Confidence Index was developed at State Street Associates, State Street Global Markets’s research and advisory services business, in partnership with FDO Partners. It measures investor confidence or risk appetite quantitatively by analysing the actual buying and selling patterns of institutional investors. The index assigns a precise meaning to changes in investor risk appetite: the greater the percentage allocation to equities, the higher risk appetite or confidence. A reading of 100 is neutral; it is the level at which investors are neither increasing nor decreasing their long-term allocations to risky assets. The index differs from survey-based measures in that it is based on the actual trades, as opposed to opinions, of institutional investors.

“Investor confidence was generally stable in January with the Global ICI remaining near their highest levels in two years,” says Marvin Loh, senior macro strategist at State Street Global Markets. “Vaccine rollouts and the prospect of additional stimulus in the US provided a supportive backdrop for risk to start the year. However, increases in the number of new COVID cases and uneven vaccination rollout efforts have hindered further gains, with regional changes reflecting these differences. The decline in confidence in North America stands in contrast with the continued improvements in Asia, which has been buoyed by a more rapid return to economic expansion relative to western countries. The pace and efficacy of vaccine efforts over the coming months will certainly set the tone for investors at the start of this new year.”
 

Latest News

Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15..
New analysis by London-based Nickel Digital Asset Management reveals 38 listed companies with a combined..
Bloomberg has announced that for the first time, its proprietary Bloomberg Second Measure (BSM) transaction..

Related Articles

Global ESG Investing
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of climate change and ESG factors in state policymaking...
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of..
Trends
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100 million deals announced this month alone...
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100..
Different flavours
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led, multi-boutique global asset manager with over USD20 billion under management, recently undertook a survey with 204 UK investment professionals, seeking insights into their perceptions and attitudes towards boutique asset managers...
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led,..
UK map
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be worth billions of pounds in the coming years...
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by