A research produced by
Total available capital for investment in 2013 has grown a further 3% to USD320bn over the last six months. Capital available increased in all regions except EMEA.
Equity available for investment grew in all regions, with APAC and the Americas registering double digit growth. This increase was largely offset by a reduction in target leverage.
Increase in capital available from fund managers representing close to twothirds of available capital. This contrasts with public companies’ retrenchment as they continue to restructure and reduce gearing.
Increased proportion of investors targeting multiple countries provides early sign that investors are will to move up the risk curve and invest across borders.
We expect to see higher levels of cross border investment going forward, though majority of investment set to remain within home region. APAC to benefit from highest proportion of overseas capital.
Increase in raised capital targeting non-core opportunities as funds move up the risk cure in order to generate higher returns.
Economic uncertainty and growing regulation has provided a challenging environment for new fund raising. This has led to a reduction I the amount of new capital currently being raised and could limit further growth in available capital.