GlobalData, a leading data and analytics company, has revealed its league tables for top 10 financial advisers by value and volume in Asia-Pacific for Q1-Q3 2021 in its report, ‘Global and Asia-Pacific M&A Report Financial Adviser League Tables Q1-Q3 2021’.

According to GlobalData’s M&A report, a total of 5,414 M&A deals were announced in the region during Q1-Q3 2021. The deal value for the region decreased by 7.1% from $495bn in Q1-Q3 2020 to $460bn in Q1-Q3 2021.

Top Advisers by Value and Volume

Goldman Sachs has emerged as the top mergers and acquisitions (M&A) financial adviser in the Asia-Pacific (APAC) region during Q1-Q3 2021, in terms of value as well as volume.

An analysis of GlobalData’s Financial Deals Database reveals that the US-based investment banking major advised on 37 deals worth $98.7bn, the highest value among all the advisers.

GlobalData lead analyst Aurojyoti Bose said: “Goldman Sachs topped the list despite facing competition from Avendus Capital in volume terms. Furthermore, the firm has witnessed a significant improvement by ascending to top rank from seventh position during Q1-Q3 2020, registering a 68.2% growth in volume terms on a YoY basis.

“In addition to dominating in volume terms, Goldman Sachs also occupied the top position by advising deals worth totaling just short of $100bn. The firm advised on 19 billion-dollar deals (≥US$1bn), of which five were large deals worth more than $5bn.”

Morgan Stanley occupied the second position in terms of value with 28 deals worth $50.7bn, followed by JP Morgan with 28 deals worth $47.4bn, Citi with 26 deals worth $47.3bn and Macquarie with 25 deals worth $36.8bn.

Avendus Capital occupied the second position in terms of volume with 34 deals worth $5.1bn, followed by Morgan Stanley. JP Morgan ranked fourth by volume and PwC stood in fifth position with 27 deals worth $4.5bn.

GlobalData’s league tables are based on the real-time tracking of thousands of company websites, advisory firm websites and other reliable sources available on the secondary domain. A dedicated team of analysts monitors all these sources to gather in-depth details for each deal, including adviser names.

To ensure further robustness to the data, the company also seeks submissions from leading  advisers, through adviser submission forms on GlobalData’s website.