Asia Pacific (ex-Japan) ETFs and ETPs Had Net Outflows Of USD 780 million In September
In September ETFs/ETPs listed in Asia Pacific (ex-Japan) had net outflows of US$780 Mn. Year to date through end of September 2014, ETFs/ETPs saw net inflows of US$6.3 Bn. At the end of September 2014, the Asia Pacific (ex-Japan) ETF/ETP industry had 557 ETFs/ETPs, with 690 listings, assets of US$103.0 Bn, from 96 providers listed on 15 exchanges, according to ETFGI’s end Q3 2014 Global ETF and ETP industry insights report.
“Investors in Asia Pacific are becoming more cautious due to the unfavourable geopolitical environment taking some net assets our of equity ETFs/ETPs and allocating some net new assets to government bonds and precious metals ETFs/ETPs. During September the S&P 500 declined 1%, developed markets declined 4% while emerging markets declined 7%.” according to Deborah Fuhr, Managing Partner at ETFGI.
In September 2014, ETFs/ETPs saw net outflows of US$780 Mn. Equity ETFs/ETPs experienced net outflows with US$1.6 Bn, while fixed income ETFs/ETPs saw net inflows of US$125 Mn and commodity ETFs/ETPs saw net inflows of US$24 Mn.
iShares gathered the largest net ETF/ETP inflows in September with US$418 Mn, followed by Samsung AM with US$415 Mn and Huatai-PB with US$347 Mn net inflows.
iShares is the largest ETF/ETP provider in terms of assets with US$14.7 Bn, reflecting 14.3% market share; SPDR ETFs is second with US$13.9 Bn and 13.5% market share, followed by Samsung AM with US$8.9 Bn and 8.7% market share. The top three ETF/ETP providers, out of 96, account for 36.4% of Asia Pacific (ex-Japan) ETF/ETP assets, while the remaining 93 providers each have less than 9% market share.