After a brief recovery in May the State Street Global Investor Confidence Index fell back below 100 in June, losing 5.1 points to settle at 99.2.
The decline was most pronounced among North American investors, whose confidence fell 5.8 points to 100.4 from 106.2 in May.
In Asia, investors’ risk appetite also fell, by 3.7 points, to a reading of 93.2 from 96.9 in May.
In Europe, however, investor confidence rose by 8.5 points to 87.9, up from 79.4.
“The month saw the release of a number of indicators that offered further confirmation that global growth has slowed,” said Harvard University Professor Kenneth Froot, who developed the index with