Asia-Pacific ETP market recorded monthly cash inflows of USD1.1bn for the month of April bringing YTD cash flows back to positive territory (+USD716m).

Prior to that, Asia-Pacific region recorded monthly flows of USD1.4bn, -USD1.1bn and -USD664m for January, February and March respectively. Equities had the lion’s share in the monthly cash flows contributing USD952m, with fixed income and commodities contributing a modest USD84m and USD42m respectively. Within Equity products, leveraged ETFs emerged as the single largest recipient of monthly cash flows totalling USD445m. ETFs offering exposure to country indices attracted healthy inflows with China, Japan and Taiwan receiving USD236m, USD212m and USD113m respectively, while South Korea witnessed outflows of USD66m.

Asia-Pacific ETP turnover totalled USD5.8bn for last week, 19.2% up from the previous week’s total. South Korea continues to be on top of the turnover ranking with USD2.1bn, followed by China (USD1.5bn), Hong Kong (USD1.2bn), Japan (USD0.6bn), and India (USD0.2bn). Among Equity ETFs, Emerging Country, Leveraged Strategy, Asia Pac Developed Country, and Short Strategy ETFs had total turnover of USD3.1bn, USD1bn, USD0.8bn and USD0.5bn respectively. Under the Commodity asset class, turnover in Gold ETPs totalled USD216m.

Last week, Asia-Pacific ETP AUM ended at USD100.4bn. On a year to date basis, Asia-Pacific ETP market is up by USD8.9bn or 9.8% above last year’s closing.