ETFGI, a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, reported today that ETFs and ETPs listed in Asia Pacific (ex-Japan) gathered net inflows of US$2.87 billion during September. Total assets invested in ETFs and ETPs listed in the Asia Pacific (ex-Japan) fell 0.89% over the month, to US$184 Bn, according to ETFGI’s September 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
- Assets invested in ETFs and ETPs listed in Asia Pacific (ex-Japan) decreased by 0.89% during September to $184 Bn.
- Net new assets gathered by ETFs/ETPs listed in Asia Pacific (ex-Japan) were $2.87 Bn 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% during the month while the S&P 500’s winning streak tapered off, gaining only 0.57%, with mid to small cap US equities closing down. Developing markets downward trend continued, with EM markets down 1.37% and Frontier markets down 0.18%, bringing year to date declines to 8.08% and 7.56%, respectively.” according to 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 $184 Bn, from 134 providers listed on 17 exchanges. Following net inflows of $2.87 Bn and market moves during the month, assets invested in ETFs/ETPs listed in Asia Pacific (ex-Japan) decreased by 0.89%, from $186 Bn in August 2018 to $184 Bn.
Growth in Asia Pacific (ex-Japan) ETF and ETP assets as of the end of September 2018
Equity ETFs/ETPs listed in Asia Pacific (ex-Japan) gathered net inflows of $3.27 Bn in September, bringing net inflows for 2018 to $18.97 Bn, substantially greater than the $1.58 Bn in net outflows at this point last year.
Fixed Income ETFs and ETPs listed in Asia Pacific (ex-Japan) gathered net inflows of $269 Mn in September, growing net inflows for 2018 to $6.40 Bn, considerably greater than the $520 Mn 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 $4,661 Bn. The ChinaAMC China 50 ETF (510050 CH) gathered $709 Mn, the largest net inflow during September.
Top 20 ETFs/ETPs by net new assets September 2018: Asia Pacific (ex-Japan)
Name | Ticker | Region |
Assets (US$ Mn) Sep-18 |
ADV (US$ Mn) Sep-18 |
NNA (US$ Mn) YTD 2018 |
NNA (US$ Mn) Sep-18 |
ChinaAMC China 50 ETF | 510050 CH | China | 6,014 | 234 | 842 | 709 |
Huatai-Pinebridge CSI 300 ETF | 510300 CH | China | 4,040 | 106 | 1,616 | 450 |
Samsung KODEX 200 Total Return ETF | 278530 KS | South Korea | 926 | 12 | 772 | 386 |
FUH Hwa China 5 + YR Policy Bank Bond Etf | 00747B TT | Taiwan | 357 | 0 | 358 | 358 |
China CSI 500 ETF | 510500 CH | China | 4,336 | 77 | 2,585 | 341 |
Mirae Asset Tiger Top 10 ETF | 292150 KS | South Korea | 343 | 1 | 339 | 332 |
E Fund ChiNext Price Index ETF | 159915 CH | China | 2,467 | 126 | 2,267 | 297 |
Harvest CSI 300 Index ETF | 159919 CH | China | 2,796 | 8 | 486 | 241 |
iShares Core MSCI AC Asia ex Japan Index | 3010 HK | Hong Kong | 913 | 0 | 5 | 220 |
ChinaAMC CSI 300 Index ETF | 510330 CH | China | 2,996 | 16 | 639 | 175 |
Cathay TAIEX Daily Inversed ETF | 00687B TT | Taiwan | 552 | 1 | 400 | 148 |
NH-Amundi HANARO 200 ETF | 293180 KS | South Korea | 363 | 5 | 375 | 144 |
ChinaAMC CSI 300 Index ETF | 83188 HK | Hong Kong | 1,466 | 2 | 94 | 137 |
Xtrackers Euro Stoxx 50 UCITS ETF (DR) - 1C | XESX SP | Singapore | 9 | 0 | 110 | 134 |
Samsung Kodex KOSDAQ150 Inverse ETF | 251340 KS | South Korea | 347 | 84 | 314 | 115 |
Huaan ChiNext 50 ETF Fund | 159949 CH | China | 1,116 | 54 | 1,418 | 103 |
Samsung KODEX MSCI Korea Total Return | 278540 KS | South Korea | 654 | 14 | (92) | 100 |
Cathay Chinese Policy Bank Bond 5+ ETF | 00744B TT | Taiwan | 284 | 0 | 100 | 100 |
Capital BofA ML 15+Y US Tech & Electr Index ETF | 00723B TT | Taiwan | 718 | 0 | 649 | 94 |
Yuanta S&P500 ETF | 00646 TT | Taiwan | 218 | 0 | 94 | 79 |
Investors have tended to invest in core, market cap and lower cost ETFs in September.