Asia-Pacific ETP AUM added USD1bn and ended at USD101.9bn, according to figures released by Deutsche Bank. On a year to date basis, Asia-Pacific ETP market is up by USD10.4bn or 11.4% above last year’s closing.
ETP turnover totaled USD5.8bn for last week, 7.6% down from the previous week’s total. South Korea continues to be on top of the turnover ranking with USD1.8bn, followed by China (USD1.7bn), Hong Kong (USD1.2bn), Japan (USD0.7bn), and Taiwan (USD0.2bn). Among Equity ETFs, Emerging Country, Asia Pac Developed Country, Leveraged Strategy, and Short Strategy ETFs had total turnover of USD2.9bn, USD0.9bn, USD0.9bn and USD0.5bn respectively. Under the Commodity asset class, turnover in Gold ETPs totaled USD187m for the last week.
Seven new products were launched in the Asia-Pacific ETP market during last week. Enhanced Investment Products Ltd listed three equity ETFs on Hong Kong Exchange offering exposure to country benchmarks of Philippines, Indonesia and India, respectively. Samsung Asset Management launched one fixed Income ETF on Korea Exchange tracking KRW Cash TR Index, while Mitsubishi UFJ Asset Management listed one equity ETF on Tokyo Stock Exchange tracking S&P Topix Daily Risk Control 5% TR Index. Further, Lyxor listed two emerging country equity ETFs in Singapore Exchange offering exposure to Thailand and Indonesia.
