A research produced by DTZ
Global invested stock set a new record level of USD12.9tn at year-end 2013, driven by improving sentiment and capital value recovery. This is up 4% from a year ago, with growth across all three regions. Globally, growth was led by 9% in Asia Pacific, followed by 3% in North America and 2% in Europe in USD terms.
Stock growth was caused by equity growth of 9%, while debt posted a 3% increase. For the first time since the onset of the global financial crisis, growth was recorded across all four debt-equity and public-private quadrants. But, Europe continues to lag due to continued bank deleveraging. With debt up less than equity, gearing levels continue to come down in each region.
Source : DTZ (Groupe UGL)