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

15998

Investor confidence falls by 8.8 points to 115.1 in October

RELATED TOPICS​

Investor confidence fell to 115.1 in October, down 8.8 points from September’s revised reading of 123.9, according to the State Street Investor Confidence Index (ICI).

Investors in Europe showed lower risk appetite, with the European ICI falling 24.3 points to 115.5.
 
In North America the ICI rose 5.9 points to 108.5. The Asian ICI rose by 2.1 points to 99.5.
 
The Investor Confidence Index was developed by Kenneth Froot and Paul O’Connell at State Street Associates, State Street Global Exchange’s research and advisory services business. It measures investor confidence or risk appetite quantitatively by analysing the actual buying and selling patterns of institutional investors.
 
“European investor confidence had crested in September at an all-time high, so it is perhaps not surprising to see it come down somewhat this month,” says Froot. “The decline may be driven by deflationary fears in the region. Although the ECB has engaged in covered-bond purchases, German opposition to full-blown Quantitative Easing may have left investors wondering whether or not the European Central Bank can do enough to combat headwinds to growth.”
 
"The correction in global investor confidence occurred in spite of a rise in the US,” says Michael Metcalfe, senior vice president and head of global macro strategy, State Street Global Markets. “This highlights the importance of weakness outside of the US as the main causes of the recent turbulence in financial markets.”

Latest News

Bequant has announced that it has launched a new capital introduction platform designed specifically for..
ndosuez Wealth Management has announced the launch of Indosuez Funds - Chronos Green Bonds 2028,..
New global research from industry association Global Digital Finance (GDF) shows most major financial institutions..

Related Articles

graph
The exodus from hedge funds continues with investors questioning unswayed by relatively strong performance from the alternative asset class...
The exodus from hedge funds continues with investors questioning unswayed by relatively strong performance from the alternative asset class...
Waves
A joint statement from BNP Paribas Asset Management, Federated Hermes Limited, Mirova, Robeco and Storebrand Asset Management has been published, entitled The urgent need for better ocean-related data to make informed investment decisions...
A joint statement from BNP Paribas Asset Management, Federated Hermes Limited, Mirova, Robeco and Storebrand Asset Management has been published,..
Frozen soap bubble
From the end of this month, the UK’s Sustainability Disclosure Requirements (SDR) regime comes into force which the Financial Conduct Authority says has a simple aim: “Financial products that are marketed as sustainable should do as they claim and have the evidence to back it up.”..
From the end of this month, the UK’s Sustainability Disclosure Requirements (SDR) regime comes into force which the Financial Conduct..
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..
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