Monthly average daily exchange-traded fund turnover in the Asia Pacific region declined ten per cent in the week to 4 May to USD 794m, according to research from Deutsche Bank.
Monthly average daily exchange-traded fund turnover in the Asia Pacific region declined ten per cent in the week to 4 May to USD 794m, according to research from Deutsche Bank.
The largest ETF by turnover was the China 50 ETF issued by China Asset Management with USD 200m accounting for 25.2 per cent of total turnover.
There was one new ETF launched. Nikko AM launched Japan’s first ‘Eco ETF’, which is listed at the Tokyo Stock Exchange.
Assets under management rose 6.2 per cent to USD 50.3bn. The largest ETF by AUM is the Nikkei 225 ETF, managed by Nomura Asset Management, with AUM of USD 6.2bn.
There are 178 equity based ETFs in the Asia Pacific region with 214 listings across 12 countries and 15 exchanges. Japan has the largest market share by AUM accounting for 49.60 per cent of the whole market, whilst China has the largest market share by turnover with 43.76 per cent.
