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 Risk Appetite Index improved slightly to sit completely balanced by the end of April, as investors weathered significant tariff-related volatility in their stance towards risk assets.

RiskAppetite

The State Street Holdings indicators show that long-term investor allocations to equities did continue their reverse from the post-global financial crisis highs earlier in the year. However, during April, outflows from equities moderated from the sharp reduction in holdings seen in March, with its weight dropping an additional 0.3%. The weight to cash actually dropped by an even greater amount, by 0.5% of the total portfolio weight, with bonds being the beneficiary of investor asset re-allocation.

Risk Appetite