The Asia-Pacific ETP market started the year with healthy cash inflows of USD1.4bn for the month of January, according to Deutsche Bank’s latest weekly review of the region. From a market perspective, ETPs in South Korea led the inflows with USD644m, followed by Japan with USD543m, and Hong Kong USD141m.
Total monthly flows were primarily contributed by Equity ETFs with USD1.3bn of inflows. Within Equity products, Emerging Country, Asia Pac Developed Country and Short Strategy ETFs recorded USD962m, USD357m and USD230m of inflows, partially offset by outflows of USD302m from Leveraged Strategy ETFs.
Asia-Pacific ETP turnover totalled USD6.1bn for last week, 144.5% up from the previous week’s total. South Korea continues to be on top of the turnover ranking with USD2.1bn, followed by China (USD1.5bn), Hong Kong (USD1.5bn), Japan (USD0.5bn), and Taiwan (USD0.3bn). Among Equity ETFs, Emerging Country, Leveraged Strategy, Asia Pac Developed Country, and Short Strategy ETFs had total turnover of USD3bn, USD0.9bn, USD0.9bn and USD0.7bn respectively. Under the Commodity asset class, turnover in Gold ETPs totalled USD143m.
Last week, Asia-Pacific ETP AUM moved closer to the USD100bn mark and ended at USD99.97bn. On a year to date basis, Asia-Pacific ETP market is up by USD8.5bn or 9.3% above last year’s closing.
