
Almost 40% of S’pore investment professionals expect private capital market to improve
Meanwhile, 10% expect the market to worsen.
In Singapore, 38.5% of investment professionals believe that the private capital market will be “much better” or “somewhat better” in 2024, Heidrick & Struggles reported.
On the flip side, 22.8% believe that the market will remain about the same whilst 10% believe it will be “somewhat worse”.
Across the Asia-Pacific region, Singapore tied with Hong Kong for second place in market optimism, trailing behind Australia, where 50.7% of professionals expressed a positive outlook.
“As the private capital landscape in the Asia Pacific continues to mature, we anticipate an ongoing shift towards more tailored compensation models that align with both global and regional market needs,” Shadi El Farr, regional managing partner of the Financial Services Practice for Asia Pacific and Middle East at Heidrick & Struggles said.