Global investor confidence falls for fifth straight month in Dec

SINGAPORE (Dec 27): Global investor confidence has declined for the fifth straight month in December despite increasing optimism on the broader economic outlook, according to State Street Corporation.

The State Street Investor Confidence Index (ICI) for December saw global investor confidence fall to 94.8, down 1.5 points from November’s revised reading of 96.3.

The decline was led by a 6.2 point drop in the North American ICI to 94.9 and a 2.8 point fall in the Asian ICI to 94.8.

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