Top 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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  • 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.

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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 $0.08 billion per deal.
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S. No.Adviser nameDeals value ($ billion)Number of dealsValue per deal ($ billion)
1Morgan Stanley25.3241.05
2JP Morgan24.4141.74
3Deloitte16.5131.27
4UBS14.7121.23
5Credit Suisse12.9111.17
6Quant Group10.6110.60
7Houlihan Lokey10.142.53
8Nomura9.6220.44
9ANZ7.917.90
10Goldman Sachs6.1130.47
11Citi3.390.37
12Ernst & Young2.7320.08
13PricewaterhouseCoopers1.5140.11

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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