05/01/2015
Investor confidence index down in December 2014
p { margin-bottom: 0.1in; line-height: 120%; }a:link { } The State Street Investor Confidence Index for the month of December 2014 came in at 112.1, down by 1.6 points from 113.7 (in corrected data) for November. Confidence fell most for investors in Europe, where the regional index fell 10.2 points to 119.5 from a corrected 129.7 last month. In North America, the index was down by only 1.5 points to 102.6. However, in Asia, the regional index gained 1.7 points a stand at 100.0. “During a large part of 2014, long-term investors were seeking exposure to high-risk assets, but this appetite proved less solid in December, as our global confidence index, which has hit its lowest point of the year, shows,” says Kenneth Froot, author of the index. “While the collapse of oil prices can be expected to vive a real push to real revenues in 2015, for now it has only added to fears about global growth outlooks, giving rise to a slight pause in investors’ search for risk.”
