Investor confidence up across globe

The investment research arm of State Street Corporation says global investor confidence has risen by 3.6 points to 82.6 from a June high of 79. According to State Street, Asian investors were the key drivers, pointing out their risk appetite increased by 8.5 points from 74.4 to 82.9. The confidence of North American investors decreased by 6.9 points to 84.7 while European investors’ confidence fell by a negligible 0.9 points to 80.5. “Globally, confidence improved somewhat, though this masks some regional variation,” says Harvard University professor Ken Froot. “Despite the market turmo...