Investor Confidence Rose in February by 4.4 points to 107.4

Tuesday, February 27, 2018 10:09 am EST

Dateline:

Boston

Public Company Information:

NYSE:
STT
"The month of February was far from boring. Global markets witnessed inflation concerns and growing fears about the pace and degree of rising rates. However, it appears that the return of market volatility did not suppress institutional investors’ risk-seeking appetite"

BOSTON, February 27, 2018 — State Street Global Exchange today released the results of the State Street Investor Confidence Index® (ICI) for February 2018.
The Global Investor Confidence Index increased to 107.4, up 4.4 points from January’s revised reading of 103.0. North American and Asian investors expressed a renewed appetite for risk, with the North American ICI increasing by 6.1 points to 104.4 and Asian ICI rising by 7.8 points to 108.5. Meanwhile, the European ICI declined by 12.9 points to 100.6.
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.
“The month of February was far from boring. Global markets witnessed inflation concerns and growing fears about the pace and degree of rising rates. However, it appears that the return of market volatility did not suppress institutional investors’ risk-seeking appetite,” commented Kenneth Froot.
“While investors in aggregate showed resilience in the face of increased market volatility, the divergence in regional performance is interesting. The market gyrations were led by the US but it appears that this impacted European investors more than those in North America and Asia. This divergence is certainly notable and worth watching in the months ahead,” said Lee Ferridge, senior managing director and head of Multi-Asset Strategy, The Americas, State Street Global Markets.

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.

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The views expressed in this material are the views of State Street through the period ended February 27, 2018 and are subject to change based on market and other conditions.
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