ETFGI, a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem have reported that assets invested in ETFs and ETPs listed in Asia Pacific (ex-Japan) reached a new high of USD186 billion, following net inflows of USD2.93 billion and market moves during August, according to ETFGI.
Inflows during the month were primarily driven by products providing exposure to China, according to ETFGI’s August 2018 Asia Pacific (ex-Japan) ETF and ETP industry landscape insights report, an annual paid-for research subscription service.
At the end of August 2018, the Asia Pacific (ex-Japan) ETF/ETP industry had 1,294 ETFs/ETPs, with 1,450 listings, assets of USD186 billion, from 132 providers listed on 17 exchanges. Following net inflows of USD2.93 and market moves during the month, assets invested in ETFs/ETPs listed in Asia Pacific (ex-Japan) increased by 3.78 per cent, from USD179 billion in July 2018 to USD186 billion.
Fixed Income ETFs and ETPs listed in Asia Pacific (ex-Japan) gathered net inflows of USD1.55 billion in August, growing net inflows for 2018 to USD6.14 billion which is greater than the USD1.33 billion in net inflows at this point last year. Equity ETFs/ETPs listed in Asia Pacific (ex-Japan) gathered net inflows of USD1.34 billion in August, bringing net inflows for 2018 to USD15.7 billion, greater than the USD2.61 billion in net outflows at this point last year.
August marked the ninth consecutive month of net inflows into ETFs/ETPs listed in Asia Pacific (ex-Japan), the longest period of consecutive inflows since January 2013, which lasted 10 months.
Substantial inflows during August can be attributed to the top 20 ETFs/ETPs by net new assets, which collectively gathered USD3.70 billion. The CCB Cash TianYi Traded Money Mrkt Fund (511660 CH) gathered USD577 billion, the largest net inflows during August.