Morgan Stanley and Ernst & Young have respectively secured the top spots by value and volume in the consumer sector in Q1 2022, according to the latest Financial Advisers League Table by GlobalData. The leading data and analytics company’s Financial Deals Database reveals that Morgan Stanley achieved the top ranking by value by advising on $16.7 billion worth of M&A deals. Meanwhile, Ernst & Young led by volume, having advised on a total of 11 deals.

According to GlobalData’s report, ‘Global and Consumer M&A Report Financial Adviser League Tables Q1 2022’, a total of 982 M&A deals worth $48.6 billion were announced in the sector during Q1 2022.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Morgan Stanley was the clear winner in terms of value as it was the only adviser to surpass the $10 billion mark, thereby outpacing its peers by a big margin. Moreover, it also managed to occupy the second position by volume.

“On the other hand, while most of the advisers reported single-digit deal volume, Ernst & Young was the only one to report double-digit deal volume. However, it did not feature in the list of top 10 advisers by value due to its involvement in low-value transactions.”

An analysis of GlobalData’s Financial Deals Database reveals other high rankers by value included Goldman Sachs, with deals worth $9.4 billion; Deutsche Bank, with $8.9 billion; Citi, with $8.5 billion; and Barclays, with $6.9 billion. By volume, Morgan Stanley occupied the second position, with nine deals; followed by Goldman Sachs, with nine deals; KPMG, with nine deals and JP Morgan, with eight deals.