ETFGI reports Asia Pacific ETF assets saw outflows in June
ETF data provider ETFGI reports that assets invested in ETFs and ETPs listed in Asia Pacific (ex-Japan) decreased to USD176 billion at the end of June 2018.
Assets decreased 4.53 per cent from USD184 billion at the end of May, the largest monthly decrease since January 2016 which had a decrease of 9.03 per cent.
Assets invested in ETFs/ETPs listed in Asia Pacific (ex-Japan) decreased by 4.53 per cent during June 2018 to USD176 billion. Year-to-date, assets have increased by 3.18 per cent from USD170 billion at the end of 2017.
In June 2018, ETFs/ETPs listed in Asia Pacific (ex-Japan) saw net inflows of USD2.99 billion.
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.
Equity products gathered the largest net inflows with USD3.58 billion, while fixed income ETFs/ETPs experienced the largest net outflows with USD674 million. Year-to-date through end of June, ETFs/ETPs listed in the region have seen net inflows of USD20.8 billion. Equity products have gathered the largest net inflows during 2018 with USD13.0 billion, while currency ETFs/ETPs have experienced the largest net outflows with USD28.7 million.
ETFGI reports that 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 USD1.46 billion and USD1.45 billion, 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 USD14.3 billion.