Global investor confidence in 'surprisingly shallow' recovery: State Street

Singapore

WHILE there has been recovery in global investor confidence, it has been "surprisingly shallow", according to State Street Global Exchange.

State Street's Investor Confidence Index (ICI) rose 0.4 points month-on-month to 71.3 in March 2019, from a revised reading of 70.9 in February. Confidence among North American investors rose from 66.22 to 68.3. In Asia, the index increased by 3.6 points to 100.00 while the European index declined by 7.8 points to 88.4.