Assets invested in Japanese ETFs and ETPs hit record USD556bn at end of May 2021

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Assets invested in ETFs and ETPs listed in Japan reached a record USD556 billion at the end of May, according to data release BY ETFGI.

ETFs and ETPs listed in Japan gathered net inflows of USD3.25 billion during May, bringing year-to-date net inflows to USD13.42 billion. Assets invested in the Japanese ETFs/ETPs industry have increased by 1.7 per cent, from USD545 billion at the end of April, to USD556 billion.

“The S&P 500 gained 0.7 per cent in May and 12.62 per cent YTD, with positive figures for four consecutive months. Developed markets ex-US gained 3.11 per cent in May," says Deborah Fuhr, managing partner, founder and owner of ETFGI. "Austria 8.29 per cent and Luxembourg 8.12 per cent were the leaders for the month while New Zealand lost the most at 3.92 per cent. Emerging markets were up 2.58 per cent at the end of May. Hungary (up 15.54 per cent) and Poland (up 13.98 per cent) were the leaders, whilst Egypt (down 3.86 per cent), Chile (down 3.64 per cent), and Malaysia (down 2.79 per cent) were down the most.” 

The Japanese ETF/ETP industry had 235 ETFs/ETPs, with 269 listings, assets of USD556 Bn, from 20 providers on 2 exchanges at the end of May 2021.

Equity ETFs/ETPs listed in Japan had net inflows of USD3.74 billion during May, bringing net inflows for the year to May 2021 to USD16.59 Bn, lower than the USD36.10 billion in net inflows equity products had YTD in 2020. Fixed income ETFs/ETPs listed in Japan gathered net inflows of USD89 million during May, bringing net inflows for the year to May 2021 to USD501 million, much greater than the USD71 million in net outflows fixed income products reported YTD in 2020. Commodities ETFs /ETPs listed in Japan suffered net outflows of USD142 million during May 2021, taking net outflows for the year to May 2021 to USD622 million, much lower than the USD2.14 billion in net inflows commodities products attracted in the same period last year.

The Bank of Japan reported owning USD322 billion in ETFs at the end of May. During May 2021, the Bank of Japan did not make ant ETF/ETP purchases.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered USD4.55 billion during May, the MAXIS NIKKEI225 ETF (1346 JP) gathered the largest net inflows USD644 million.