Monthly average daily turnover of Asia Pacific exchange-traded funds rose 7.2 per cent to USD864m in the week to 13 July, according to Deutsche Bank researchers Shan Lan and Aram Flores
Monthly average daily turnover of Asia Pacific exchange-traded funds rose 7.2 per cent to USD864m in the week to 13 July, according to Deutsche Bank researchers Shan Lan and Aram Flores.
The largest ETF by turnover was the China 50 ETF issued by China Asset Management with USD267m accounting for 30.9 per cent of total turnover.
Assets under management declined one per cent to USD53.7bn. The largest ETF by AUM is the Topix ETF, managed by Nomura Asset Management, with AUM of USD6.6bn.
There are 180 equity based ETFs in the Asia Pacific region with 229 listings across 12 countries and 15 exchanges.
Japan has the largest market share by AUM accounting for 44.99 per cent of the whole market, whilst China has the largest market share by turnover with 45.89 per cent.
db x-trackers cross-listed five country ETFs on the Hong Kong Stock Exchange during the week.
