Regional investors were more bullish than their global counterparts in October, although they remain overall cautious, according to the State Street Investor Confidence index.
But their expectation of a swift US recovery is waning, according to a survey by ING Investment Management.
An upbeat mood in China and India helps to lift ING's investor sentiment index from pessimistic to neutral for the first time since its launch in the third quarter of 2007.
The latest ING Investment Management survey shows investors were still upbeat towards the end of 2007, but the firmÆs head of equities Nick Toovey says sentiment has deteriorated in recent months.
CLSA teams up with Vote.com to help analyse what''s behind investor behaviour in the US.