Goldman Sachs and Ernst & Young have emerged as the top mergers and acquisitions (M&A) financial advisers in the Asia-Pacific region during the first half (H1) of 2022 by value and volume, respectively, according to the latest Financial Advisers League Table by GlobalData, a leading data and analytics company.

According to GlobalData’s Financial Deals Database, Goldman Sachs achieved the leading position by value by advising on $81.5 billion worth of deals. Meanwhile, Ernst & Young led by volume by advising on 20 deals.

GlobalData’s report, ‘Global and Asia-Pacific M&A Report Financial Adviser League Tables H1 2022’, reveals that a total of 3,853 M&A deals of worth $327.8 billion were announced in the region during H1 2022.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Although Ernst & Young led by volume, it lagged in terms of value and could not secure a ranking in the top list by value. In contrast, Goldman Sachs, despite advising on a fewer number of deals, managed to top the list by value due to its involvement in several high-value transactions. Goldman Sachs advised on five billion-dollar deals (≥ $1 billion) that also included one deal valued more the $50 billion. Meanwhile, Ernst & Young advised on three billion-dollar deals.”

An analysis of GlobalData’s Financial Deals Database reveals that Citi occupied the second position by value by advising on $72.7 billion worth of deals, followed by JP Morgan with $68.7 billion, Credit Suisse with $67.6 billion and Morgan Stanley with $62.8 billion.

Meanwhile, Avendus Capital occupied the second position in terms of volume with 20 deals, followed by Goldman Sachs with 17 deals, UBS with 16 deals and Yuanhe Capital with 13 deals.