Investor Confidence Rises in March by 4.8 points to 111.9

Tuesday, March 27, 2018 10:17 am EDT

Dateline:

Boston

Public Company Information:

NYSE:
STT
"Although the global ICI increased this month, it will be interesting to see if continued Federal Reserve tightening and recent money market stress, highlighted by rising US LIBOR-OIS spreads, will impact investor sentiment going forward"

March 27, 2018 — State Street Global Exchange today released the results of the State Street Investor Confidence Index® (ICI) for March 2018.
The Global Investor Confidence Index increased to 111.9, up 4.8 points from February’s revised reading of 107.1. Investors across all regions expressed an improved appetite for risk, with the North American ICI rising by 5.8 points to 109.8, the European ICI increasing by 1.6 points to 102.1, and the Asian ICI increasing by 1.3 points to 109.6.

The Investor Confidence Index was developed by Kenneth Froot and Paul O’Connell at State Street Associates, State Street Global Exchange’s research and advisory services business. It measures investor confidence or risk appetite quantitatively by analyzing the actual buying and selling patterns of institutional investors. The index assigns a precise meaning to changes in investor risk appetite: the greater the percentage allocation to equities, the higher risk appetite or confidence. A reading of 100 is neutral; it is the level at which investors are neither increasing nor decreasing their long-term allocations to risky assets. The index differs from survey-based measures in that it is based on the actual trades, as opposed to opinions, of institutional investors.

“After a volatile February, institutions seemed to have re-embraced risk in March, with the ICI rising across all the regions we track,” commented Froot. “However, increasing rhetoric over protectionist policies and fears over a potential trade war are still festering and have the potential to impact confidence.”

“Although the global ICI increased this month, it will be interesting to see if continued Federal Reserve tightening and recent money market stress, highlighted by rising US LIBOR-OIS spreads, will impact investor sentiment going forward,” said Rajeev Bhargava, managing director and head of Investor Behavior Research, State Street Associates.

About the State Street Investor Confidence Index®
The index is released globally at 10 a.m. Eastern time in Boston on the last Tuesday of each month. More information on the State Street Investor Confidence Index is available at http://www.statestreet.com/ideas/investor-confidence-index.html.

About State Street Corporation
State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors, including investment servicing, investment management and investment research and trading. With $33.10 trillion in assets under custody and administration and $2.78 trillion* in assets under management as of December 31, 2017, State Street operates in more than 100 geographic markets worldwide, including the US, Canada, Europe, the Middle East and Asia. For more information, visit State Street’s website at www.statestreet.com.

* AUM reflects approx. $35 billion (as of December 31, 2017) with respect to which State Street Global Advisors Funds Distributors, LLC (SSGA FD) serves as marketing agent; SSGA FD and State Street Global Advisors are affiliated.

Investing involves risk including the risk of loss of principal.

The information provided does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor's particular investment objectives, strategies, tax status or investment horizon.  You should consult your tax and financial advisor. All material has been obtained from sources believed to be reliable. There is no representation or warranty as to the accuracy of the information and State Street shall have no liability for decisions based on such information.
The views expressed in this material are the views of State Street through the period ended March 27, 2018 and are subject to change based on market and other conditions.

This news announcement contains forward-looking statements as defined by United States securities laws, including statements about the financial outlook and business environment. Those statements are based on current expectations and involve a number of risks and uncertainties, including those set forth in State Street's 2015 annual report and subsequent SEC filings.  State Street encourages investors to read the corporation's annual report, particularly the section on factors that may affect financial results, and its subsequent SEC filings for additional information with respect to any forward-looking statements and prior to making any investment decision. The forward-looking statements contained in this press release speak only as of the date here of, March 27, 2018 and the company will not undertake efforts to revise those forward-looking statements to reflect events after this date.
State Street Corporation One Lincoln Street, Boston, MA 02111-2900.

The whole or any part of this work may not be reproduced, copied or transmitted or any of its contents disclosed to third parties without State Street’s express written consent.


© 2018 State Street Corporation - All Rights Reserved


Expiration Date: 03/27/2019


2070040.1.1.NA.RTL

Contact:

Kerri Doherty
+1 617 664 1898
KCDoherty@statestreet.com
@StateStreet

$Cashtags

Tags:

ICI

Media Contacts

Contact a member of the State Street Media Relations Team.

Social Media

Business Wire NewsHQ℠