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Low risk appetite in Europe bucks global trend

Investor confidence is up in North America and Asia but Europe's sovereign debt crisis continues to depress risk appetite in the region

Investor confidence rose around the globe rose this month apart from in Europe, where concerns over a sovereign debt crisis continued to depress risk appetite, according to the latest State Street Investor Confidence Index.

Globally, investor confidence rose eight points to 104.4 compared to November. In North America, confidence increased by 7.7 points to 103.1 while in Asia, risk appetite rose by 7.4 points to 102.9.

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