Global investor confidence rose slightly in June despite the continuing turmoil in financial markets, according to State Street Global Markets.
European investors’ confidence rose particularly strongly, to 81.6 from 73.4 points, according to the data, which measures investor confidence on a quantitative basis by analysing the actual buying and selling patterns of institutional investors. On a global basis, these institutional investors saw past soaring oil prices and other downbeat news to push State Street’s overall Investor Confidence Index up by 0.5 points to 81.4, from a revised May level of 80.9. North American institutional investors were rather less bullish than their European counterparts, with their confidence rising 1...
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