Investor Confidence Index Slips to 86.2

The State Street Investor Confidence Index, which measures the actual buying and selling of institutional investors, fell 1.9 points in October to 86.2 from 88.1 the month before. In North America, confidence fell even more, by 3.2 points, to 84.9 from 88.1.

Investor confidence in Europe remained largely static, ticking down 0.6 points to 96.4 from 97 the previous month.

Confidence among Asian investors remained positive at 103.3, although it was a decline of 4.4 points from September.

“This month saw institutional investor confidence continue to ease further,” said Harvard University Professor Kenneth Froot, who developed the index with State Street. “Institutions have been allocating away from developed markets and towards emerging markets, but the net of the two flows has been negative.