A recent survey conducted on December 23 among 250 participants—comprising bankers, lawyers, and investors—revealed that around 21% expect energy companies to take the lead this year, while only 17% chose financial institutions.
Data from the Global M&A Outlook indicates that 92% of survey respondents believe the share prices of energy companies and financial service firms will rise in the coming year.
The expectation that energy and financial service companies may take the lead stems from the belief that as economies recover, demand for production-related energy will rise sharply. Meanwhile, financial services are expected to become significantly more active to facilitate a wave of post-crisis mergers and acquisitions.
In 2009, energy and financial companies were the top choices for investors, accounting for 22%.
(ATPVietnam 28/12)
