Global investor confidence on the rise

Global investor confidence rose in December compared with the previous month as investors put more money into risky assets, according to the US investment bank State Street Investor Confidence Index.

The index is compiled by State Street and Harvard professor Kenneth Froot, and looks at investors’ appetite for more high-risk assets across US, European and Asian markets.

The Global ICI rose to 95.9 in December, up 4.7 points from November’s revised reading of 91.2. The increase was the result of a mild increase from 89.2 to 90.2 in US sentiment combined with a strong increase in European sentiment, rising to 107.1 from November’s revised reading of 101.0. Sentiment in Asia fell slightly to 98.5 from 99.3, fuelled by increased growth concerns in the region, said State Street.