ETFGI, a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, reported today that ETFs and ETPs listed in The Asia Pacific (ex-Japan) gathered net inflows of US$6.17 Bn during November. Total assets invested in the Asia Pacific (ex-Japan) ETF and ETP industry increased 5.69% during November, from US$181 Bn at the end of September, to US$191 Bn, according to ETFGI’s November 2018 Asia Pacific (ex-Japan) ETF and ETP industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
- Total Assets in ETFs and ETPs listed in the Asia Pacific (ex-Japan) increased 5.69% to record high of $191 Bn in November.
- Net new assets gathered by ETFs/ETPs listed in The Asia Pacific (ex-Japan) were $6.17 Bn in November.
- Most countries in the region saw strong positive inflows, with Taiwan and South Korea leading.
“While trade talks continue to make noise in the headlines, the very real prospect of slowing global growth appears to be filtering into market sentiment. A seemingly more reposed approach to monetary policy along with the China-US trade truce provided enough of a tailwind to lift US markets to finish in the green by the end of November, with the S&P 500 gaining 2.04% over the month bringing the year-to-date gain to 5.11%. Apart from the Eurozone, where various domestic issues continue to dominate, most developed markets closed the month with marginal gains, the S&P developed ex-US BMI was up 0.17% in November with year-to-date declines of 9.66%. EM and Frontier markets bounced back from the October fall, finishing up 4.61% and 1.94% respectively, softening year-to-date declines to 11.15% and 8.95%” according to Deborah Fuhr, managing partner and a founder of ETFGI.
At the end of November 2018, the Asia Pacific (ex-Japan) ETF/ETP industry had 1,379 ETFs/ETPs, with 1,532 listings, assets of $191 Bn, from 139 providers listed on 17 exchanges. Following net inflows of $6.17 Bn and market moves during the month, assets invested in ETFs/ETPs listed in The Asia Pacific (ex-Japan) increased by 5.69%, from $181 Bn at the end of October 2018, to $191 Bn.
Growth in the Asia Pacific (ex-Japan) ETF and ETP assets as of the end of November 2018
Equity-based ETFs/ETPs listed in The Asia Pacific (ex-Japan) attracted net inflows of $3.85 Bn in November, growing net inflows for 2018 to $32.32 Bn, substantially greater than the $1.11 Bn in net inflows at this point last year. Fixed Income ETFs and ETPs listed in The Asia Pacific (ex-Japan) saw net inflows of $1.89 Bn, bringing net inflows for 2018 to $10.73 Bn, greater than the $720 Mn in net inflows at this point last year.
A large proportion of inflows during November can be attributed to the top 20 ETFs/ETPs by net new assets, which collectively gathered $5.68 Bn. The SSE 10 Year Term Local T Bond ETF Fund
(511270 CH) gathered $780 Mn, the largest net inflow in November.
Top 20 ETFs/ETPs by net new assets November 2018: The Asia Pacific (ex-Japan)
Name | Ticker | Assets (US$ Mn) Nov-18 |
ADV (US$ Mn) Nov-18 |
NNA (US$ Mn) YTD 2018 |
NNA (US$ Mn) Nov-18 |
SSE 10 Year Term Local T Bond ETF Fund | 511270 CH | 780 | 0 | 780 | 780 |
Samsung KODEX 200 ETF | 069500 KS | 5,759 | 142 | 374 | 693 |
Samsung KOSPI Short Strangle 5% OTM ETN 60 | 530060 KS | 454 | 0 | 454 | 454 |
Xtrackers S&P 500 UCITS ETF - 1C | K6K SP | 5 | 0 | 864 | 393 |
Mirae Asset TIGER 200 ETF | 102110 KS | 2,780 | 43 | 300 | 307 |
iShares Core MSCI AC Asia ex Japan Index ETF | 3010 HK | 1,201 | 0 | 343 | 281 |
iShares FTSE A50 China Index ETF | 2823 HK | 3,099 | 82 | (336) | 259 |
Yuanta US 20+ Year AAA-A Corporate Bond ETF | 00751B TT | 265 | 0 | 267 | 253 |
Capital BofA ML 15+ Y US Bank ETF | 00724B TT | 1,029 | 2 | 967 | 243 |
China CSI 500 ETF | 510500 CH | 4,884 | 205 | 3,523 | 231 |
Capital Ice 15+ US Emerging Markets ETF | 00756B TT | 276 | 0 | 244 | 196 |
Capital BofA ML 15+ Y US Tech & Elect ETF | 00723B TT | 1,005 | 2 | 976 | 195 |
CSOP FTSE China A50 ETF | 82822 HK | 2,215 | 2 | (270) | 195 |
Guotai SSE 180 Financial Index | 510230 CH | 933 | 4 | 437 | 188 |
NH QV KOSPI 5% Short strangle OTM ETN 56 | 550056 KS | 181 | 0 | 181 | 181 |
ChinaAMC CSI 300 Index ETF | 510330 CH | 3,368 | 39 | 1,435 | 179 |
ChinaAMC CSI 300 Index ETF | 83188 HK | 1,576 | 2 | 343 | 176 |
Polaris Taiwan Top 50 ETF | 0050 TT | 2,169 | 23 | 954 | 166 |
Yuanta/P-shares CSI 300 2X Bull ETF | 00637L TT | 1,486 | 77 | 883 | 154 |
KB KStar KOSPI 200 ETF | 148020 KS | 1,275 | 12 | 451 | 150 |
Investors have tended to invest in core, market cap and lower cost ETFs in November.