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Investor confidence increases in May

01 June 2011

Investor confidence rose globally to its highest level since December, according to State Street Global Markets

Read more: State Street

Investor confidence rose globally to its highest level since December, increasing 6.8 points in May to 104.1 from April’s revised reading of 97.3, according to State Street Investor Confidence Index.

The increase was led by North American investors, among whom confidence rose 7.7 points to 106.3 from April’s revised level of 98.6. After weakening in recent months, European investor confidence increased, rising 5.2...