ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in ETFs and ETPs listed in Asia Pacific (ex-Japan) decreased to US$176 billion at the end of June 2018. Assets decreased 4.53% from US$184 billion at the end of May, the largest monthly decrease since January 2016 which had a decrease of 9.03%. (All dollar values in USD unless otherwise noted.)
Highlights
- Assets invested in ETFs/ETPs listed in Asia Pacific (ex-Japan) decreased by 4.53% during June 2018 to $176 Bn.
- Year-to-date, assets have increased by 3.18% from $170 Bn at the end of 2017.
- In June 2018, ETFs/ETPs listed in Asia Pacific (ex-Japan) saw net inflows of $2.99 Bn.
The S&P 500 was up 0.62% in June and 2.65% in the first half of 2018. International markets (developed ex US) and Emerging markets posted losses during June and during the first half of 2018, down 1.48% and 3.40% in June and 2.45% and 6.05% in the first half, respectively, driven by a strong dollar, trade concerns, and rising interest rates.
According to ETFGI’s June 2018 Asia Pacific (ex-Japan) ETF and ETP industry insights report, an annual paid-for research subscription service, assets invested in ETFs/ETPs listed in Asia Pacific (ex-Japan) decreased by 4.53% from $184 Bn at the end of May. Year-to-date, assets have increased by 3.18% from $170 Bn at the end of 2017. At the end of June 2018, the Asia Pacific (ex-Japan) ETF/ETP industry had 1,275 ETFs/ETPs, with 1,419 listings, from 133 providers on 17 exchanges.
Asia Pacific (ex-Japan) ETF and ETP asset growth as at end of June 2018
In June 2018, ETFs/ETPs listed in Asia Pacific (ex-Japan) saw net inflows of $2.99 Bn. Equity products gathered the largest net inflows with $3.58 Bn, while fixed income ETFs/ETPs experienced the largest net outflows with $674 Mn. Year-to-date through end of June, ETFs/ETPs listed in the region have seen net inflows of $20.8 Bn. Equity products have gathered the largest net inflows during 2018 with $13.0 Bn, while currency ETFs/ETPs have experienced the largest net outflows with $28.7 Mn.
Investors have tended to invest in market cap ETFs during 2018, with the E Fund ChiNext Price Index ETF (159915 CH) and China CSI 500 ETF (510500 CH) capturing flows of $1.46 Bn and $1.45 Bn, respectively. A high proportion of net inflows year-to-date can be attributed to the top 20 ETFs by net new assets, which collectively gathered $14.3 Bn.
Top 20 ETFs by YTD net inflows: Asia Pacific (ex-Japan)
Name | Country listed | Ticker | Assets (US$ Mn) Jun-18 |
ADV (US$ Mn) Jun-18 |
NNA (US$ Mn) YTD 2018 |
E Fund ChiNext Price Index ETF | China | 159915 CH | 1,967 | 133.4 | 1,462 |
China CSI 500 ETF | China | 510500 CH | 3,641 | 92.0 | 1,450 |
Polaris Taiwan Top 50 ETF | Taiwan | 0050 TT | 2,604 | 17.8 | 1,301 |
Bosera Gold Open-End ETF | China | 159937 CH | 1,243 | 14.9 | 1,187 |
Samsung KODEX Leverage ETF | South Korea | 122630 KS | 2,475 | 186.9 | 1,132 |
Huaan ChiNext 50 ETF Fund | China | 159949 CH | 837 | 66.4 | 972 |
Pingan-UOB CSI 300 ETF Index Fund | China | 510390 CH | 681 | 1.9 | 879 |
Huatai-Pinebridge CSI 300 ETF | China | 510300 CH | 3,385 | 100.8 | 825 |
E Fund Hang Seng China Enterprises ETF | China | 510900 CH | 1,441 | 258.4 | 651 |
Yuanta/P-shares CSI 300 2X Bull ETF | Taiwan | 00637L TT | 1,418 | 64.6 | 631 |
iShares S&P Global 100 ETF | Australia | IOO AU | 1,040 | 1.3 | 534 |
BofA Merrill Lynch 15+ Year US Banking Index ETF | Taiwan | 00724B TT | 547 | 7.8 | 449 |
BofA Merrill Lynch 15+ Year US Tech Index ETF | Taiwan | 00723B TT | 464 | 11.3 | 395 |
UTI Nifty Exchange Traded Fund | India | UTNIFTY IN | 1,192 | 0.0 | 391 |
Samsung KODEX 200 Total Return ETF | South Korea | 278530 KS | 513 | 2.7 | 366 |
Fuh Hwa 1-5 Yr High Yield ETF | Taiwan | 00710B TT | 380 | 0.0 | 352 |
KB KBSTAR KTB 3Y Futures Inverse ETF | South Korea | 282000 KS | 441 | 11.1 | 351 |
Fubon SSE180 Leveraged 2X Index ETF | Taiwan | 00633L TT | 1,096 | 51.1 | 324 |
ChinaAMC Hang Seng Index ETF | China | 159920 CH | 583 | 93.3 | 316 |
Fubon China Policy Bank Bond ETF | Taiwan | 00718B TT | 564 | 6.2 | 310 |
Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house. Note: This report is based on the most recent data available at the time of publication. Asset and flow data may change slightly as additional data becomes available.