Bringing you live news and features since 2006 

Market downturn erodes USD2.9bn from Asia-Pac ETP AUM

RELATED TOPICS​

Last week, Asia-Pacific ETP AUM ended at USD88.5bn after a decrease of 3.1% (USD2.9bn) over the previous week, according to Deutsche Bank’s latest weekly review of the sector. On a year to date basis, Asia-Pacific ETP market is USD4.3bn or 5.1% above last year’s closing.

Asia-Pacific ETP turnover totalled USD6.4bn for last week, 11.5% down from the previous week™fs total and 33.6% up from last year’s weekly average. South Korea continues to be on top of the turnover ranking with USD3.3bn, followed by China (USD1bn), Hong Kong (USD0.9bn), Japan (USD0.5bn), and Taiwan (USD0.4bn). Among Equity ETFs, Emerging Country, Short Strategy, Leveraged Strategy and Asia Pac Developed Country ETFs had total turnover of USD2.6bn, USD1.4bn, USD1.2bn and USD0.7bn respectively. Under the Commodity asset class, turnover in Gold ETPs totaled USD164m for the last week.

Only one new product was launched in the Asia-Pacific ETP market during the week. New entrant China Universal Asset Management Company listed one Equity ETF on the Shenzhen Stock Exchange tracking the SZSE 300 Price Index.
 

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