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

• 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.
  
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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.

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“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 $4, 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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