ETFs and ETPs listed in Asia Pacific (ex-Japan) gathered net inflows of USD2.87 billion during September. Total assets invested in ETFs and ETPs listed in the Asia Pacific (ex-Japan) fell 0.89 per cent over the month, to USD184 billion, according to ETFGI’s September 2018 Asia Pacific (ex-Japan) ETF and ETP industry landscape insights report.
Net new assets gathered by ETFs/ETPs listed in Asia Pacific (ex-Japan) were USD2.87 billion in September.
Equity-based ETFs/ETPs gathered the largest net inflows during September, while Commodity-based ETFs/ETPs saw the largest net outflows.
“Developed markets were broadly up during September following positive economic data from the US, Japan and Eurozone, despite the US-China trade dispute and on-going political tension in Europe. Developed Markets ex-US gained 0.68 per cent during the month while the S&P 500’s winning streak tapered off, gaining only 0.57 per cent, with mid to small cap US equities closing down. Developing markets downward trend continued, with EM markets down 1.37 per cent and Frontier markets down 0.18 per cent, bringing year to date declines to 8.08 per cent and 7.56 per cent, respectively,” says Deborah Fuhr, managing partner and a founder of ETFGI.
At the end of September 2018, the Asia Pacific (ex-Japan) ETF/ETP industry had 1,318 ETFs/ETPs, with 1,474 listings, assets of USD184 billion, from 134 providers listed on 17 exchanges. Following net inflows of USD2.87 billion and market moves during the month, assets invested in ETFs/ETPs listed in Asia Pacific (ex-Japan) decreased by 0.89 per cent, from USD186 billion in August 2018 to USD184 billion.
Equity ETFs/ETPs listed in Asia Pacific (ex-Japan) gathered net inflows of USD3.27 billion in September, bringing net inflows for 2018 to USD18.97 billion, substantially greater than the USD1.58 billion in net outflows at this point last year.
Fixed Income ETFs and ETPs listed in Asia Pacific (ex-Japan) gathered net inflows of USD269m in September, growing net inflows for 2018 to USD6.40 billion, considerably greater than the USD520m in net inflows at this point last year.
September marked the 11th consecutive month of net inflows into ETFs/ETPs listed in Asia Pacific (ex-Japan), the longest period on record.
Substantial inflows during September can be attributed to the top 20 ETFs/ETPs by net new assets, which collectively gathered USD4,661 billion. The ChinaAMC China 50 ETF (510050 CH) gathered USD709 million, the largest net inflow during September.