POWERED BY MOMENTUM MEDIA
Institutional investor confidence wanes in April
|
Confidence among global institutional investors appears to be waning, according to the State Street Investor Confidence Index for April.
The index, released this week, fell 7.7 points, mainly on the back of declining sentiment in North America and Asia.
The index results revealed that institutional investor confidence had fallen 6.7 points in North America to 103.7 points during April, while Asian investor confidence had fallen 6.5 points to 94.2 points.
Sentiment among European institutions bucked the trend to rise 1.2 points to 95.9 points.
Commenting on the results of the index, Harvard University professor Ken Froot attributed the decline in confidence to rising levels of volatility, particularly in the latter half of the month.
“While institutions appear to have anticipated much of the improvement in economic prospects over the last six months, and allocated their portfolios accordingly, this month they displayed some increased caution about making further equity allocations,” he said.
Froot said it remained to be seen whether this was a temporary pause or an indication of a shift in the centre theme of the last year.
AUTHOR
Mike Taylor
Recommended for you
Rest Super remains “fully committed” to equities, even as it anticipates higher market volatility than experienced in previous decades.
Australian superannuation funds have again generated strong returns for FY25, with the median growth fund returning 10.5 per cent for the year, according to Chant West.
The US remains a standout destination for innovation and commercialisation, according to MLC Asset Management chief investment officer Dan Farmer.
Hostplus’ MySuper Balanced option delivered significantly stronger returns in 2024–25, bouncing back from the previous year when its cautious stance on listed markets came at a cost to members.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom 465 Calder Road Calder
99.46 3 y p.a(%)
2
DomaCom DFS Mortgage
95.46 3 y p.a(%)
3
Global X 21Shares Bitcoin ETF
78.55 3 y p.a(%)
4
BetaShares Crypto Innovators ETF
50.39 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
47.50 3 y p.a(%)
