Institutional investors make wary start to 2012
Institutional investor confidence is continuing to head south, according to the latest State Street Investor Confidence Index.
The index, covering January, fell 2.1 points to 92.4 points with most reluctance being exhibited by North American institutional investors, with European investors being similarly cautious.
However this contrasted with Asian investors who actually moved into positive territory, adding 3.3 points to take their index to 96.9 points.
Commenting on the latest index, Harvard University professor, Kenneth Froot said that what was clear from the latest data was that institutional investors in both North America and Europe were displaying caution as they entered into 2012, maintaining equity positions that could best be described as "defensive".
Co-developer of the index, State Street Associates' Paul O'Connell said it was clear from the European index result that questions about the resolution of the European sovereign debt crisis remained uppermost in investors' minds.
Recommended for you
Super trustees need to be prepared for the potential that the AI rise could cause billions of assets to shift in superannuation, according to an academic from the University of Technology Sydney.
AMP’s superannuation business has returned to outflows in the third quarter of 2025 after reporting its first positive cash flow since 2017 last quarter.
The major changes to the proposed $3 million super tax legislation have been welcomed across the superannuation industry.
In holding the cash rate steady in September, the RBA has judged that policy remains restrictive even as housing and credit growth gather pace.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
215.17 3 y p.a(%)
2
Lakehouse Small Companies
152.92 3 y p.a(%)
3
Loftus Peak Global Disruption Fund Hedged
118.15 3 y p.a(%)
4
Global X 21Shares Bitcoin ETF
75.00 3 y p.a(%)
5
UBS Solactive Global Pure Gold Miners UCITS ETF Dis USD
61.11 3 y p.a(%)
