"There is a great desire to invest," explains Richard Jeanneret, Americas vice chair, transaction advisory services at Ernst & Young. He predicts that we will see an "uptick in investment activity from both the PE and the corporates," once there is less geopolitical uncertainty. In particular, Jeanneret expects to see M&A in healthcare, technology and BRIC countries. He also adds that Turkey, South Africa and Colombia are the next frontier markets for M&A activity. - Katie Roof