Assets under management of Asia Pacific exchange-traded funds remained at about same level in the week ending 16 July at USD63.5bn, a report by Deutsche Bank shows.
The largest ETF by AUM is the iShares Asia Trust – iShares FTSE/Xinhua A50 China Tracker managed by BlackRock with AUM of USD7.0bn.
Monthly average daily turnover also remained at about same level at USD782m.
The largest ETF by turnover was the iShares Asia Trust – iShares FTSE/Xinhua A50 China Tracker issued by BlackRock with USD165 m accounting for 21.1 per cent of total turnover.
There are 228 equity based ETFs in the Asia Pacific region with 316 listings across 12 countries and 15 exchanges. Japan has the largest market share by AUM accounting for 40.73 per cent of the whole market, whilst China has the largest market share by turnover with 34.37 per cent.
Da Cheng International AMC listed its first ever ETF on the Hong Kong Stock Exchange last week. The ETF tracks the performance of CSI China Mainland Consumer Index.