Asian investors boost global confidence levels

The Investor Confidence Index for March 2010 is up 5.4 points to 180.0 from February's reading of 102.6, with impetus largely provided by Asian institutional investors. Elsewhere the changes were more muted with North American investor confidence only ticking up slightly to 110.4. In Europe, confidence fell slightly to 97.3 from February's 99.8. State Street associate Paul O'Connell says: "Interestingly, we are starting to see a renewed divergence between investor confidence and consumer confidence in the US with consumers becoming less confident while investors are becoming more conf...