GlobalData, a leading data and analytics company, has revealed its global league tables for top 10 financial advisers in financial services sector by value and volume for 2020 in its report, ‘Global and FS M&A Review and Financial Adviser League tables’.
According to GlobalData’s M&A report, a total of 3,314 M&A deals were announced in the sector during 2020, marking an 8.9% decrease over the 3,636 deals announced in 2019. The deal value decreased by 13.7% from $523bn in 2019 to $451bn in 2020.
Top advisers by value and volume
Morgan Stanley and JP Morgan were the top mergers and acquisitions (M&A) financial advisers in the global financial services sector for 2020 by value and volume, respectively. Morgan Stanley advised on 42 deals worth $147.6bn, which was the highest value among all the advisers. Meanwhile, JP Morgan led by volume, having advised on 50 deals worth $113bn.
GlobalData lead analyst Aurojyoti Bose said: “JP Morgan was the only firm that managed to advise on 50 deals. The firm advised on some of the big-ticket deals, which also include three mega deals that were worth more than or equal to $10bn and was among the few advisors to cross the $100bn mark. JP Morgan also occupied the third position by value.
“Morgan Stanley advised on more high-value transactions, which helped it occupy the top spot by value. The firm advised on four mega deals and also secured the third spot in terms of deal volume.”
Goldman Sachs occupied the second position in GlobalData’s ranking by both value as well as volume with 46 deals worth $126.4bn.
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.