The State Street Investor Confidence Index (ICI) increased to 103.9 in February, up 13.9 points from January’s revised reading of 90.0.
The increase was led by a 12.6 jump in North American ICI to 106.2 as well as an 8.3 rise in European ICI to 93.9. Asian ICI, meanwhile, fell a modest 0.2 points to 96.9.
The Investor Confidence Index was developed at State Street Associates, State Street Global Markets’s research and advisory services business, in partnership with FDO Partners. It measures investor confidence or risk appetite quantitatively by analyzing the actual buying and selling patterns of institutional investors.
