scorecardTop 10 financial advisers in the Asia-Pacific region advised on nearly $140 billion worth of deals in the first half of 2020
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Top 10 financial advisers in the Asia-Pacific region advised on nearly $140 billion worth of deals in the first half of 2020

Top 10 financial advisers in the Asia-Pacific region advised on nearly $140 billion worth of deals in the first half of 2020
Finance6 min read
  • While the COVID-19 pandemic has been ravaging most of the world so far this year, the Asia-Pacific region saw deals worth $140 billion close in the first half of 2020.
  • Investment bank Morgan Stanley took the lead, advising on over $25 billion worth of deals.
  • Professional services firm Ernst & Young topped the table in terms of volume, advising on 32 deals in the same period.
  • The Quant Group and ANZ advised on one deal each, but they entered the top 10 by advising on $10.6 billion and $7.9 billion deals respectively.
  • Check out the latest news and updates on Business Insider.
While the COVID-19 pandemic has been ravaging most of the world so far this year, the Asia-Pacific region saw deals worth $140 billion close in the first half of 2020. Investment bank Morgan Stanley led the charge, advising on over $25 billion worth of deals.

According to a report by data and analytics company GlobalData, Morgan Stanley led in terms of the total value of deals closed, while Ernst & Young topped the charts when it comes to the number of deals closed.

With that being said, Ernst & Young (EY) failed to make it to the top 10 in the list despite closing 32 deals. EY closed 33% more deals than Morgan Stanley, which came second by closing 24 deals.

Also read: How long it took 11 of the world's richest people to become billionaires

“Morgan Stanley, apart from leading in value terms, also fared well in volume terms. In contrast, Ernst & Young, despite leading in volume terms, failed to make it to the list of top 10 advisers by value due to its involvement mostly in low-value transactions,”said Aurojyoti Bose, Financial Deals Analyst at GlobalData.

Two notable names in this list are the Quant Group and ANZ, who closed a single deal each. However, their deal values were large enough for them to make it to the top 10. While the Quant Group closed a deal worth $10.6 billion, ANZ closed a $7.9 billion deal.

In terms of value per deal, the Quant Group tops the table with an average of $10.6 billion per deal, while EY comes in last with $0.08 billion per deal.

S. No.

Adviser name

Deals value ($ billion)

Number of deals

Value per deal ($ billion)

1

Morgan Stanley

25.3

24

1.05

2

JP Morgan

24.4

14

1.74

3

Deloitte

16.5

13

1.27

4

UBS

14.7

12

1.23

5

Credit Suisse

12.9

11

1.17

6

Quant Group

10.6

1

10.60

7

Houlihan Lokey

10.1

4

2.53

8

Nomura

9.6

22

0.44

9

ANZ

7.9

1

7.90

10

Goldman Sachs

6.1

13

0.47

11

Citi

3.3

9

0.37

12

Ernst & Young

2.7

32

0.08

13

PricewaterhouseCoopers

1.5

14

0.11


Source: GlobalData

According to an EY report, deal volumes in the Asia-Pacific region had dropped to their lowest levels since 2005 in the first quarter of 2020, when the COVID-19 crisis was at its peak in China.

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