Assets under management of Asia Pacific exchange-traded funds declined 2.8 per cent to USD76.5bn in the week ending 12 November, according to a report by Deutsche Bank.
The largest ETF by AUM is the Topix ETF managed by Nomura Asset Management with AUM of USD9.2bn.
Monthly average daily turnover rose 5.5 per cent to USD1,660m.
The largest ETF by turnover was the iShares Asia Trust – iShares FTSE/Xinhua A50 China Tracker issued by BlackRock with USD328m accounting for 19.8 per cent of total turnover.
There are 243 equity based ETFs in the Asia Pacific region with 336 listings across 12 countries and 15 exchanges. Japan has the largest market share by AUM accounting for 38.96 per cent of the whole market, whilst China has the largest market share by turnover with 41.70 per cent.
