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04 Feb

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And in October, Janus Capital Group and UK-based Henderson Group joined 0 billion in assets under management to create Janus Henderson Global Investors.

The sheer number of deals is down this year: As of October, 110 mergers and acquisitions had taken place in the US asset and wealth management sector, compared to 144 over the 2015 calendar year, according to data from Pricewaterhouse Coopers (Pw C).

By default, Excel uses the SUM function to total all the cells in the worksheets that share the same cell references (when you consolidate by position) or that use the same labels (when you consolidate by category).

You can, however, have Excel use any of other following statistical functions when doing a consolidation: AVERAGE, COUNT, COUNTA, MAX, MIN, PRODUCT, STDEV, STDEVP, VAR, or VARP.

Total deal value in 2015 amounted to .7 billion, including three mega deals worth a combined .2 billion.

To begin consolidating the sheets in the same workbook, you select a new worksheet to hold the consolidated data.

(If need be, insert a new sheet in the workbook by clicking the Insert Worksheet button.) To begin consolidating sheets in different workbooks, open a new workbook.

For example, you can use the Consolidate command to total all budget spreadsheets prepared by each department in the company or to create summary totals for income statements for a period of several years.

If you used a template to create each worksheet you’re consolidating, or an identical layout, Excel can quickly consolidate the values by virtue of their common position in their respective worksheets.