A moderate recovery is underway in the major advanced economies, according to The Organisation for Economic Cooperation and Development (OECD)'s latest Interim Economic Assessment.
The Global ICI rose 1.8 points to 94.8 from April’s revised reading of 93.0, the results of the State Street Investor Confidence Index (ICI) showed.
Most country and regional indices rebounded in 2012 after a poor 2011, according to data from MSCI covering both developed and emerging markets.
A family of indices reflecting the performance of companies with significant exposure to specific regions or countries, regardless of their domicile, has been launched by MSCI.
The current economic crisis presents a “historic opportunity...to lay the foundations of rebalanced medium-term growth” says Didier St Georges (pictured) on Carmignac Gestion's investment committee.