State Street Global Markets' Investor Confidence Index(ICI) for March 2012 showed that the outlook of both American and European institutional investors improved.
Globally, the ICI rose to 91.6, up 5.0 points from February’s revised level of 86.6. The increase was driven by North American investors, whose confidence rose 8.7 points to 89.5.
The outlook of European investors was similarly improved, rising 5.4 points to 100.6 from a revised February reading of 95.2.
Among Asian institutional investors, sentiment declined slightly, down 2.2 points from a revised February reading of 96.7 to end at 94.5.
The State Street Investor Confidence Index measures investor confidence or risk appetite quantitatively by analyzing the actual buying and selling patterns of institutional investors. The results are based on the actual trades, as opposed to opinions, of institutional investors.
