POWERED BY MOMENTUM MEDIA
Asian investors more confident in December
Global investor confidence closed out 2009 on an improving note, according to the State Street Investors Confidence Index for December last year.
The index revealed that global investor confidence rose by 3.1 points to 103.9, with Asian investors leading the way with a rebound of 6.3 points to 97.5 points.
The index indicated that confidence remained largely constant in other regions and rose moderately in North America from 102.2 to 203.1, while European investor appetite declined slightly from 104.8 to 104.6.
Commenting on the index, Harvard University professor Ken Froot said the strong index in December stemmed from an improvement in mood in Asia, where risk appetite rose to an eight-month high.
He said elsewhere, portfolio reallocations had been modest.
AUTHOR
Mike Taylor
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