Asia-Pacific ETP AUM ended at USD93.5bn las week after an increase of 3.1% over the previous week’s ending level, according to Deutsche Bank’s latest weekly review of the sector. On a year to date basis, Asia-Pacific ETP market is USD2.8bn or 3.4% above last year’s closing.

Asia-Pacific ETP turnover totalled USD6.4bn during last week, 40.8% up from the previous week’s total. South Korea continues to be on top of the turnover ranking with USD2.4bn, followed by China (USD1.9bn), Hong Kong (USD1.2bn), Japan (USD0.3bn), and Taiwan (USD0.2bn). Among Equity ETFs, Emerging Country, Leveraged Strategy, Short Strategy, and Asia Pac Developed Country ETFs had total turnover of USD3.6bn, USD1.1bn, USD0.7bn and USD0.5bn respectively. Under the Commodity asset class, turnover in Gold ETPs totaled USD74m for the last week.

Last week, with the launch of two new products, Asia-Pacific ETP product count reached 400. Hanwha Investment Trust Management and Woori Asset Management each listed one Equity ETF on the Korea Stock Exchange tracking Kospi 200 Index and Kospi 200 Futures Index respectively. In addition, Deutsche Bank AG listed five emerging country (Asian) Equity ETFs and a money market ETF on Hong Kong Exchange, domiciled in Luxemburg.