Singapore is set to be 2017's hottest spot for initial public offerings (IPOs) in tropical Southeast Asia with sales of stakes in business and real estate trusts, while currency volatility and weak investor sentiment curb deals elsewhere in the region.

Allen & Overy won a total of eight awards at the 10th annual ALB SE Asia Law Awards, including the SE Asia Law Firm of the Year and the Emerging Markets Law Firm of the Year, while Freshfields’ managing partner, Stephen Revell, won the coveted Managing Partner of the Year award.