SE Asia Equity Performance Worst in  12 Years
World Economy

SE Asia Equity Performance Worst in 12 Years

A study conducted by Bain & Company showed that private equity activities in Southeast Asia posted their worst ever performance since 2004, due to high competition, macro uncertainty and rich valuations, AsiaFirst reported. The study showed that total deals for 2015 were $4.2 billion, down from $7.5 billion in 2014 and about one-third of the five-year average. In its latest Southeast Asia Private Equity Report for 2016, Bain & Company said deal counts slowed to 43 in 2015 from 59 in 2014. Singapore and Indonesia, however, posted a rise in deals, leading the region with 29 that made up 90% of total deal value. RRJ Capital raised some $4.5 billion in funds while Baring Private Equity Asia secured $4 billion in funding, becoming the two biggest deals in the PE business in the region last year. About 30% of deals in Southeast Asia last year were in the internet sector, the report added. The study added that it will take time before funds fully benefit from their developing networks.


Short URL : http://goo.gl/83W8yH
  1. http://goo.gl/YADTFY
  • http://goo.gl/1baCW4
  • http://goo.gl/UcK2jR
  • http://goo.gl/xaeEh0
  • http://goo.gl/qjDBtQ

You can also read ...

More and more Thai merchants are integrating WeChat Pay and Alipay’s systems to cater to tourists.
The internet has changed the way most people live. Through...
Cambodia’s economic outlook remains positive, but is subject to downside risks.
The IMF Managing Director Christine Lagarde expressed optimism...
More India Bank Frauds Revealed
Over 25,800 fraud cases involving about Rs179 crore ($1.79...
Qatar Calls to Investigate UAE Bank’s Bogus Deals
Qatar has asked US regulators to investigate the US subsidiary...
Free trade achieves more good for the planet.
US President Donald Trump’s steel tariffs have brought the...
Morocco Currency Reform on Right Track
Few weeks after the launch of the gradual dirham float, the...
EU Readies Tax on US Technological Titans
The European Union will next week unveil plans for a digital...
Apparel imports from ASEAN are growing, spurred by low labor costs  in such countries as Vietnam.
Import prices for apparel and daily goods in Japan plunged...