Institutional investor confidence in Europe rose by 8.9 points in April with each region showing growing appetite for risk, according to State Street Global Exchange.
The firm's Investor Confidence Index (ICI) showed a reading of 110.9 points for European investors as of 24 April, compared to 102.0 at 27 March.
Meanwhile, the global ICI came in at 114.5, up three points from its 111.5 March reading, and the North American ICI increased by 3.2 points to 112.3.
The figures are calculated to show quantitative measurements of investor confidence, or risk appetite, by analysing the actual buying and selling patterns of institutional investors.
The index interprets the higher risk appetite or confidence from increasing allocation to equities. When investors are neither increasing nor decreasing their long-term allocations, it gives a neutral reading of 100.
State Street Associates founding partner Kenneth Froot said the figures came showed general cohesion among institutional investors and their confidence in risky assets.
"It appears that growing risk appetite echoes the strong start to the Q1 earnings season, even amid the recent challenges of heightened volatility and trade war fears," he added.
State Street Global Markets senior managing director head of multi-asset strategy for the Americas Lee Ferridge said the figure was interesting considering ongoing global equity market volatility.
"Given disappointing data more recently, it is particularly notable that confidence in Europe rose strongly in April," he continued. "Should volatility remain elevated, we will continue to look to our ICI for any signs that this faith in asset markets is starting to falter."
The index also showed that global investor confidence had risen by 12.4 points since the start of the year when it showed a reading of 102.1 points.
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