JP Morgan and UBS were the top mergers and acquisitions (M&A) financial advisers in the Asia-Pacific (APAC) region in H1 2023, according to GlobalData’s latest league table.

The leading data and analytics company ranks advisers by the value and volume of M&A deals on which they advised.

According to its financial deals database, JP Morgan achieved its leading position in terms of value by advising on $25bn worth of deals. UBS led in terms of volume by advising on a total of 18 deals.

“UBS was shy of only two deals from touching 20 deals volume in H1 2023. Moreover, UBS managed to advise on some big-ticket deals,” said GlobalData lead analyst Aurojyoti Bose.

“In fact, UBS and JP Morgan were the only two firms with more than $20bn in total deal value with none of their peers even close to this level. Resultantly, apart from leading by volume, UBS also occupied the second position in terms of value with $20.6bn.”

Morgan Stanley came third in terms of value by advising on $5.7bn worth of deals, followed by Moelis & Company with $4.9bn and Goldman Sachs with $4.9bn.

Runners-up in terms of volume were Light Source Capital with 11 deals, followed by Haoyue Capital with 11 deals, Avendus Capital with nine deals and Yunxiu Capital with nine deals.

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 of deals from leading advisers.