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  1. Deals Analysis
May 19, 2022

Asia-Pacific’s financial services industry saw a drop of 35.48% in cross border deal activity during April 2022

By Jessika and Carmen

Asia-Pacific’s financial services industry saw a drop of 35.48% in cross border deal activity during April 2022, when compared with the last 12-month average, led by ACA Investments Pte.’s $370m private equity deal with bitFlyer, according to GlobalData’s deals database.

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Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

A total of 20 financial services industry cross border deals worth $1.3bn were announced for the region in April 2022, against the 12-month average of 31 deals.

Of all the deal types, venture financing saw most activity in April 2022 with 11 transactions, representing a 55% share for the region.

In second place was M&A with five deals, followed by private equity deals with four transactions, respectively capturing a 25% and 20% share of the overall cross border deal activity for the month.

In terms of value of cross border deals, venture financing was the leading category in Asia-Pacific’s financial services industry with $625.64m, while private equity and M&A deals totalled $397.12m and $313.6m, respectively.

Asia-Pacific financial services industry cross border deals in April 2022: Top deals

The top five financial services cross border deals accounted for 77.5% of the overall value during April 2022.

The combined value of the top five financial services cross border deals stood at $1.04bn, against the overall value of $1.3bn recorded for the month.

The top five financial services industry cross border deals of April 2022 tracked by GlobalData were:

1) ACA Investments Pte. $370m private equity deal with bitFlyer

2) The $210m venture financing of Voyager Innovations by EDBI,First PacificLimited,IFC Emerging Asia Fund,IFC Financial Institutions Growth Fund,International Finance Corporation(US),KKRInc,PLDT,SIG Venture Capital and Tencent Holdings

3) Wei Zhou $200m acquisition deal with Coins.ph

4) The $135m venture financing of Neblio TechnologiesLtd by Coinbase Ventures,DFJ Dragon Fund,Kindred Ventures,Kingsway Financial Services,Pantera Capital Management,Republic Capital and Steadview Ventures

5) Amansa Capital,Jungle Ventures,Marshall Wace,Nexus Venture Partners and Vitruvian Partners $120m venture financing deal with Invictus Insurance Broking Services

Free Report
img

Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

Verdict deals analysis methodology

This analysis considers only announced and completed cross border deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

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