State Street Brexometer

The State Street Brexometer Index is our quarterly snapshot that gauges investor sentiment on the impact of Brexit.

March 2019

Brexometer is a quarterly pulse survey designed to gauge investor sentiment on the economic impact of Brexit. The results cover the expected impact to operating models, levels of investment into the UK economy, prospects for global economic growth and appetite for investment risk.

Here’s what we found

Investor appetite for holdings of UK assets polarised in Q1 2019, with an increase in both the number of those looking to increase and decrease their exposure. 19% of investors stated that they were planning to increase their exposure in the next six months – the second highest figure since Q3 2018 (20.8%).

The proportion of investors looking to decrease their holdings of UK assets rose for the third straight quarter, reaching 22%. This is also the second highest recording since Brexometer began, after a high of 23.5% in Q1 2018.

There was a decrease in the proportion of investors holding a positive medium-term outlook for global economic growth. With positive sentiment now at 32%, this is the lowest level since Brexometer began in November 2016.

Brexometer Q1 2019 was carried out in conjunction with PollRight*, and captures the views of 100 professional investors, comprising institutional and alternative investors, such as hedge funds, real estate and private equity**.

SEE WHAT OUR EXPERTS HAD TO SAY

PollRight is a market research agency specialising in business-to-business research. The current research was conducted between 31 January and 10 February 2019. **Regions covered by survey included UK, US, Europe, Central & South America, Middle East, Asia, Africa and Oceania.