State Street Institutional
Investor Indicators
Investment insights based on facts, not surveys

The State Street Institutional Investor Indicators provide investors, policymakers, and the public with insights into the aggregated and anonymized positioning, risk appetite, and portfolio carbon exposures of thousands of institutional investors around the world, representing trillions of dollars in assets.

State Street Institutional Investor
Risk Appetite Indicator

The Risk Appetite Indicator quantifies the degree to which the trading patterns of institutional investors are risk seeking or averse, on a scale of -100% (most risk averse) to 100% (most risk seeking).

Key Facts
  • The Institutional Investor Risk Appetite Indicator measures the buying and selling of risky assets across 22 dimensions of risk
  • These range across asset classes: equities, fixed-income, cash, and foreign exchange
  • Key dimensions include stock versus cash allocations, cyclical versus defensive equities, high-yield versus investment-grade corporate bonds, and US Dollar currency flows
  • Released monthly
Our latest report

Holdings

  • The State Street Holdings Indicators showed that long-term investor allocations to equities rose by 0.6 percentage points to 53.4%.
  • Allocations to cash are within 0.3% of their long-run average.
  • There was a tiny 0.1 percentage point rise in fixed income allocations to 27.5%.

RiskAppetite

  • The State Street Risk Appetite Index rebounded to 0.09 from 0.18 revealing a modest retreat in risk bias across the month of March back toward neutral.
  • Our risk appetite index showed that investors remain hesitant in fixed income despite the coming rate reductions.
  • Risk appetite was completely balanced in FX and commodity linked assets.
Risk Appetite