The cash raised globally from initial public offerings (IPOs) in Singapore for 2010 is forecast to beat the 2007 high of 295 billion US dollars and Asia is in the lead, accounting for two-thirds of the money raised this year.
Financial Services dominated the Asian IPO scene in 2010, with banks and insurers as the top issuers。For next year, market watchers see commodity-linked companies playing a bigger role in cash raisings.
Next year, analysts said the amount raised globally could set a new record, though investors are likely to lean toward bigger, higher-quality listings as they are seemingly more interested in bigger listings, giving a miss to smaller issuances and issuers.