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

 

  • Investors are heavily overweight equities
  • Bonds are significantly underweight; cash is slightly underweight.
  • Equity overweight is at its most pronounced since mid-2007.

RiskAppetite

  • Sentiment is strongly positive, highest since early 2021.
  • Investors continue to embrace risk despite global uncertainties.
  • Pro-risk stance is supported by Fed rate cuts, but caution is advised if macro risks emerge.
Risk Appetite