Bringing you live news and features since 2006 

Asia Pacific ETP market sees robust inflows of USD2.7bn but assets remain flat

RELATED TOPICS​

The Asia-Pacific ETP market witnessed strong cash flows of USD2.7bn in the month of May – the highest monthly flows since the start of 2011 – according to data released by BlackRock.

 

Total monthly flows were primarily contributed by Equity ETPs with USD2.6bn of inflows. Among other asset classes, this was the fourth month in a row when Commodity ETPs have witnessed cash inflows while Fixed Income ETPs have had four consecutive months of cash outflows over the same period. We believe that cash flows in the Asia-Pacific region have been driven mostly by increased product adoption rather than by pure asset allocations.

This year, from January to May, Commodity ETPs have recorded monthly cash flows of -USD19m, USD56m, USD106m, USD100m and USD91m, respectively; whereas for the same respective months Fixed Income ETPs have recorded USD55m, -USD86m, -USD22m, -USD31m and -USD15m of flows. Within Equity products, Asia Pac Developed Country ETPs and Emerging Country ETPs recorded USD1.2bn and USD1.1bn of inflows respectively. In the Commodity category, Gold and Silver had positive flows of USD49m and USD44m, respectively. Year-to-date cash flows climbed to USD3.5bn with the May month boost.

Similar to the previous week, Asia-Pacific weekly turnover was above USD5bn ending the last week with a total of USD5.3bn. Major activities were in Hong Kong (USD1.4bn, 10.7% up), China (USD1.2bn, 8.2% up), Korea (USD1.1bn, 1.6% down), Japan (USD786m, 6.9% up) and Singapore (USD353m, 1.4% down) markets. Asia Pac Developed Country ETPs experienced the largest week-over-week turnover increase trading an additional USD149m or 13.2% up from the previous week.

For the past six weeks Asia-Pacific ETP assets are hovering around USD87bn and did not experience strong growth. Nevertheless, since the start of the year, frequent new product launches in the region have been adding to the total ETP assets which have grown by 3.6% or USD3bn year-to-date.

Latest News

News came last night from the US that the SEC has approved CBOE’s proposal to list and trade VanEck’s spot..
Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15 per cent increase in net..
European white label ETF platform, HANetf, has announced its total assets under management (AUM) has now exceeded USD4.31 billion...
New research from European ETF provider Tabula Investment Management shows investors are expecting improvements in ESG from the gold mining..

Related Articles

Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by