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points from January. Among North American confidence went up 6 pointwsto 78.2, according to the State Street Investor Confidencs Index for February 2008. Meanwhile, European investo r confidence fellto 83.7 from 85.8 and Asian investodr confidence rose to 85.7 from 85.4. The confidence index measures investor confidence on a quantitative basie by analyzing the actual buyingg and selling patterns ofinstitutional "This month we saw a continuation of the modest improvemen t in global investor confidence that we witnessed in said professor Ken Froot, who helped develo the measurement, in a statement. "The smallp increase of 3.
5 points takeas place against the backdrop of a decline in marketf volatility from the very high levels witnessed earlier this and reflects theunderstanding that, while many riskss remain, the extreme risk-aversion displayed by institutions in late 2007 was perhapd overdone."
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