GLOBAL - Figures from State Street reveal investor confidence declined to 89.6 in August, down 12.9 from July after a volatile month led to the most substantial decline since October 2008.
Officials at State Street say market volatility shook investor confidence leading them away from risky assets. The August drop marks the steepest decline since the month Lehman Brothers collapsed. ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date