Investor confidence down in June moneymanagement.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneymanagement.com.au Daily Mail and Mail on Sunday newspapers.
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State Street Corporation has announced the launch of a new Bitcoin Thematic Indicator series to help contextualise the popularity of Bitcoin and how it is impacting traditional financial markets, by quantifying media coverage of the cryptocurrency.
It would measure the intensity or prevalence of the media coverage relative to all news of the day, as well as the sentiment of news over a period of time.
The new series expanded the State Street MediaStats Thematic Indicators offering which was launched in November 2020 in partnership with MKT MediaStats.
The indicators analyse digital news sources to generate daily sentiment signals for various assets to help institutional investors form a more complete picture of what factors are driving their portfolios and overall markets.
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The Global Investor Confidence Index (ICI) has dropped by 1.5 points to 92.7 in April, compared to March’s revised reading of 94.2, and was driven by decreases in the North American and the Asian ICIs, which fell to 92.2 from 94.8 and to 91.8 from 92.9, respectively.
At the same time, the European ICI saw a three point uptick to 94.3.
According to Rajeev Bhargava, head of investor behaviour research, State Street Associates, investor risk appetite remained largely in a holding pattern in April with the Global index declining just over one point, which represented the smallest change we have seen in more than six months.
State Street Global Markets: Investor Confidence Increased In March By 2.0 Points To 93.9 Date
06/04/2021
State Street Global Markets has released the results of the State Street Investor Confidence Index® (ICI) for March 2021.
The Global Investor Confidence Index increased to 93.9, up 2.0 points from February’s revised reading of 91.9. The increase in Investor Confidence was driven by the European ICI, which rose 12.6 points to 90.7, and the North American ICI, which rose 1.1 points to 94.4. Meanwhile, the Asian ICI dropped 4.9 points to 93.2.
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. The index assigns a precise meaning to changes in investor risk appetite: the greater the percentage allocation
Institutional investors add risk, outlook more positive for 2021 arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.