Afraid of missing out, PE, wealth funds flock for a slice of financial services pie in APAC

Afraid of missing out, PE, wealth funds flock for a slice of financial services pie in APAC

(left) Stephen Bates, a Singapore-based Partner at KPMG and (right) KPMG's Swiss Partner and Global Financial Services Deal Advisory Lead Stuart Robertson.

As private equity (PE) firms and sovereign wealth funds consistently increase exposure to the financial services sector — banking, insurance and fintech — making sure they do not miss opportunities in the sector, Asia Pacific is expected to see a surge in the number of deals in the sector by 10-15 per cent in 2018.

In Asia Pacific, the number of deals in the segment grew around 7-8 per cent in 2016-17.

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