Asia Pacific (ex-Japan) ETFs/ETPs Saw Net Outflows Of 211 Million US dollars In October 2014

ETFGI’s research finds ETFs/ETPs listed in Asia Pacific (ex-Japan) saw net outflows of US$211 Mn in October 2014, while year-to-date through end of October 2014 they gathered net inflows of US$4.6 Bn. At the end of October 2014 the Asia Pacific (ex-Japan) ETF/ETP industry had 559 ETFs/ETPs, with 693 listings, assets of US$104 Bn, from 97 providers listed on 16 exchanges, according to preliminary data from ETFGI’s end October 2014 Global ETF and ETP industry insights report.

Year-to-date net new asset (NNA) flows reached record levels for the ETF/ETP industries in Japan with US$15.7 Bn, Europe with US$56.2 Bn, and globally with US$233.4 Bn. Assets invested in the US-listed ETF/ETP industry hit a new record high of US$ 1.92 Tn.

“October was a challenging month with increasing macroeconomic concerns over deflation fears in Europe, the ECB’s stimulus program, Germany cutting GDP forecasts due to “geopolitical crisis”, dismal employment figures in France, 25 of around 130 European banks having reported to have failed the ECB’s “stress test”, and questions over the U.K.’s continued membership in the European Common Market. At the end of the month the markets reacted positively to the Bank of Japan’s announcement of new annual purchasing targets of ¥80 Tn in bonds and ¥3 Tn in ETFs. The S&P 500 reached a new record, 2,017, which is up 1.2% for the month and 9.2% for the year. Developed markets ended the month down 2% while emerging markets gained 2%.” according to Deborah Fuhr, Managing Partner at ETFGI.

In October 2014 ETFs/ETPs saw net outflows of US$211 Mn. Equity ETFs/ETPs experienced the largest net outflows with US$1.3 Bn, followed by commodity ETFs/ETPs which gathered net inflows of US$3 Mn, while fixed income ETFs/ETPs saw net inflows of US$38 Mn.

Samsung AM gathered the largest net ETF/ETP inflows in October with US$1.2 Bn, followed by SPDR ETFs with US$220 Mn and Mirae Horizons with US$202 Mn net inflows. Year-to-date CSOP/China Southern gathered the largest net ETF/ETP inflows with US$2.8 Bn, followed by iShares with US$2.6 Bn and Samsung AM with US$1.2 Bn in net inflows.

iShares is the largest ETF/ETP provider in terms of assets with US$14.6 Bn, reflecting 14.1% market share; SPDR ETFs is second with US$14.4 Bn and 13.9% market share, followed by Samsung AM with US$9.8 Bn and 9.4% market share. The top three ETF/ETP providers, out of 97, account for 37.4% of Asia Pacific (ex-Japan) ETF/ETP assets, while the remaining 94 providers each have less than 9% market share.