International Corporate Finance

 Two factors, primarily, have contri-

buted to this phenomenon, namely

inexpensive debt stemming from low

interest rates which has allowed inves-

tors to keep their powder dry, and sta-

gnant economic growth that has led in-

vestors to actively look for further

growth under pressure from sharehol-

ders. As a result, cross-border M&A vo-

lume in 2015 was up 27% on 2014, al-

though investor preferences may have

changed following political and econo-

mic uncertainties such as the Brexit,

Brazil’s political and fiscal crisis and the

slow recovery in the economy of the

European Union. The concerns justify

investors’ practice of making economic

conditions a crucial factor when disco-

vering competitive markets. In general,

investors have also shown interest in

numerous emerging countries besides

those on the top list to implement a di-

versified investment strategy, according

to a survey distributed by Deloitte.

Top foreign markets investors would like to pursue from 2015 to 2016 Corporate Investors Private Equity Investors

 INVESTORS ARE MOVING TOWARDS A DIVERSIFIED PORTFOLIO

China

24%

27%

23%

26%

2015 2016

United

Kingdom

United

Kingdom

19%

30%

20%

24%

2015 2016

15%

21%

Germany

14%

14%

2015 2016

Mexico

16%

19%

16%

18%

2015 2016

Canada

23%

27%

23%

32%

2015 2016

16%

19%

12%

14%

2015 2016

Brazil

Source: Deloitte