Asia-Pacific ETP AUM added USD0.3bn last week ending at USD100.6bn, according to figures released by Deutsche Bank. On a year to date basis, Asia-Pacific ETP market is up by USD9.1bn or 10% above last year’s closing.
Asia-Pacific ETP turnover totalled USD6bn for the last week, 2.6% down from the previous week’s total. South Korea continues to be on top of the turnover ranking with USD2bn, followed by China (USD1.7bn), Hong Kong (USD1.1bn), 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 USD3bn, USD1bn, USD0.8bn and USD0.6bn respectively. Under the Commodity asset class, turnover in Gold ETPs totaled USD215m for the last week.
Last week, six new ETFs were launched in the Asia-Pacific region. Russell Investments listed three Fixed Income ETFs on Australian Securities Exchange tracking DBIQ 0-3 year Investment Grade Australian Corporate Bond Index, DBIQ 0-5 year Australian Semi-Government Bond Index and DBIQ 5-10 year Australian Government Bond Index respectively. BlackRock also listed three Fixed Income ETFs on the Australian Securities Exchange tracking UBS Treasury Index, UBS Government Inflation Index and UBS Composite Bond Index.
