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Singapore dealmaking to pick up in 2014

2013 was mixed, with equity fund- raising improving as M&A slowed down

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Regional favourite: HSBC said Singapore continues to be Asia's favoured trust listing exchange, as the jumbo US$1.3 billion Mapletree Greater China Commercial Trust listing clearly demonstrated. - PHOTO: BLOOMBERG

THE past year was mixed for deal-making in Singapore, with equity fund-raising picking up while mergers and acquisitions (M&A) slowed down. But industry professionals see a tailwind blowing into 2014 as global economies head towards modest growth, although macro uncertainties like US Federal