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A global investor confidence index that estimates the risk appetite of institutional investors by analysing the proportion of their allocations to equities has risen to its highest level this year. The State Street Investor Confidence Index (ICI) rose by seven points to 93.5 between May and June. The index is still below the ‘neutral' figure of 100, however, which would represent a scenario where institutional investors are neither increasing nor decreasing their allocations to equities.

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