Thomson Reuters Releases Full-Year 2010 Global Investment Banking Review
(Thomson Reuters ONE) -
M&A Back to 2008 Levels; Biggest Year for Investment Banking Fees Since 2007
London, New York, January 10, 2011 - Thomson Reuters today released the full-
year 2010 global reviews for mergers and acquisitions and capital markets
activity.
The value of global mergers and acquisitions (M&A) totaled US$2.4 trillion
during the full-year 2010, a 22.9% increase from comparable 2009 levels and the
strongest full-year period for M&A since 2008. Emerging markets accounted for
33% of M&A - totaling US$806.3 billion during full-year 2010, a 76.2% increase
over 2009. The Energy and Power sector was the most active during full-year
2010, commanding 20.6% of announced M&A. Private equity-backed M&A activity
totaled US$225.4 billion during full-year 2010, the biggest year for global
buyout activity since 2008. M&A advisory fees from completed transactions
totaled US$30.0 billion for 2010, a 27% increase from the comparable period in
2009. Goldman Sachs is the top advisor for M&A globally for 2010 with US$554.5
billion from 370 advisory assignments.
Equity capital markets (ECM) activity totaled US$854.2 billion during full-year
2010, a 2% decrease from the comparable period in 2009. Global IPO volume
totaled US$269.4 billion, with issuers from the emerging markets accounting for
50% of IPO volume in 2010. Global follow-on offerings totaled US$496.3 billion
for 2010, a 25% decline compared to full-year 2009. Morgan Stanley led all
equity capital markets underwriters for full-year 2010 with US$80.7 billion in
proceeds from 322 issues.
Global debt capital markets (DCM) for full-year 2010 totaled US$5.1 trillion, a
decrease of 10% compared to last year, despite an 18% increase in the number of
global offerings. 2010 issuance for global high yield debt reached the highest
levels for any full-year on record, with total issuance of US$317.5 billion, up
from $177.2 billion for the full-year 2009. New issuance of corporate debt from
emerging markets issuers totaled US$216.6 billion during full-year 2010, a
39.6% increase over 2009. Barclays Capital took the top spot for full-year 2010
with total proceeds of $422.9 billion and total imputed fees of $1.1 billion.
Global investment banking fees in 2010 reached US$84 billion* for full-year
2010, a 9% increase over 2009 and the biggest full-year for investment banking
fees since 2007. Asia Pacific investment banking fees registered a 22.2%
increase over 2009, leading all regions. JP Morgan topped the global investment
banking fee league table during 2010, with fees totaling US$5.3 billion for
6.4% of the global fee pool.
"2010 marked the return of measured confidence for the investment banking
industry. While we are clearly still in a post-credit crunch environment, M&A
and private equity firms are returning to robust deal activity and investment
banking fees are on the rise. While the US is showing good signs of recovery,
Asia and the emerging markets continue to play an increasingly important role in
global deal making with 60% of all IPO activity coming from Asia. By contrast,
European investment banking fees dropped 13.5%, showcasing the affects of the
economic crises in the region. However, with corporations holding record amounts
of cash, attractive financing opportunities, and a growing IPO pipeline, many of
the factors are in place for continued momentum in 2011," said Neil Masterson,
Global Head of Investment Banking at Thomson Reuters.
The full reviews are available at the Thomson Reuters Deals Intelligence
website.
Notes to Editors:
* Source: Thomson Reuters/Freeman Consulting
Thomson Reuters
Thomson Reuters is the world's leading source of intelligent information for
businesses and professionals. We combine industry expertise with innovative
technology to deliver critical information to leading decision makers in the
financial, legal, tax and accounting, healthcare and science and media markets,
powered by the world's most trusted news organization. With headquarters in New
York and major operations in London and Eagan, Minnesota, Thomson Reuters
employs 55,000 people and operates in over 100 countries. For more information,
go towww.thomsonreuters.com.
CONTACT
Clare Arber Jeanette Volpi
Public Relations, EMEA Public Relations, US
Thomson Reuters Thomson Reuters
+44 (0) 20 7542 6256 +1 (646) 223 5517
clare.arber(at)thomsonreuters.com jeanette.volpi(at)thomsonreuters.com
Press release (PDF):
http://hugin.info/142273/R/1478194/414100.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Thomson Reuters Corporation via Thomson Reuters ONE
[HUG#1478194]
Unternehmensinformation / Kurzprofil:
Datum: 10.01.2011 - 10:01 Uhr
Sprache: Deutsch
News-ID 50312
Anzahl Zeichen: 5736
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 215 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Thomson Reuters Releases Full-Year 2010 Global Investment Banking Review"
steht unter der journalistisch-redaktionellen Verantwortung von
Thomson Reuters Corporation (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
