State Street's risk appetite index fell to -0.09 in October, a second straight monthly decline, but the firm says the pullback is limited. Institutional investors trimmed FX and commodity exposures while remaining relatively positive on equities and bonds. Equity allocations edged down in October but remain well above long-run averages; technology positions are being trimmed rather than sold off and overall equity and tech weightings stay elevated, State Street Markets equity research head Marij

State Street's risk appetite index fell to -0.09 in October, a second straight monthly decline, but the firm says the pullback is limited. Institutional investors trimmed FX and commodity exposures while remaining relatively positive on equities and bonds. Equity allocations edged down in October but remain well above long-run averages; technology positions are being trimmed rather than sold off and overall equity and tech weightings stay elevated, State Street Markets equity research head Marija Veitmane said.