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IPOs return 17% globally in 2014: EY

Performance, which beats that of the MSCI World Index, is seen as the best since the financial crisis in 2007

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Max Loh, EY's Asean and Singapore managing partner, says that the outlook for Asia-Pacific IPOs in 2015 is positive.

Singapore

IT has been a good year for initial public offerings (IPO) around the world, with the average listing in 2014 delivering a 17.1 per cent return, according to a report by audit and advisory firm Ernst & Young (EY).

By contrast, the MSCI World Index, which tracks global