ETFGI reported that assets invested in ETFs/ETPs listed in Japan have increased by 26.7% from $173.30bn to reach a new record of $219.60bn in the first half of 2017, according to ETFGI’s June 2017 Japanese ETF and ETP industry insights report, an annual paid for research subscription service.
At the end of June 2017, the Japanese ETF/ETP industry had 188 ETFs/ETPs, with 233 listings, assets of $220bn, from 21 providers listed on 2 exchanges.
“Equity markets have performed well in the first half of 2017: the S&P 500 gained 9.34%, international equity markets outside the US were up 14.27% and emerging markets were up 16.69%. Political risks remain a focus for investors – the ability of the Trump administration to move forward on policy goals and hearings on Capitol Hill, Brexit negotiations, and North Korea is still an area of concern”, according to Deborah Fuhr, managing partner at ETFGI.
ETFs and ETPs listed in Japan gathered net inflows of $2.19bn in June. Year to date, net inflows stand at a record level of $28.56bn which is significantly ahead of the $16.50bn at this point last year.
Equity ETFs/ETPs gathered net inflows of $2.61bn in June, bringing year to date net inflows to record level of $30.07bn, which is greater than the net inflows of $14.20bn over the same period last year.
Fixed income ETFs and ETPs experienced net outflows of $1m in June, reducing year to date net inflows to $28m, which is less than the same period last year which saw net inflows of $41m.
Commodity ETFs/ETPs accumulated net inflows of $87m in June. Year to date, net inflows are at US$70m, which is greater than the net inflows of $21m over the same period last year.
Nomura AM gathered the largest net ETF/ETP inflows in June with $2.03bn, followed by Nikko AM with $1.01bn and Daiwa with $245m net inflows.
YTD, Nomura AM gathered the largest net ETF/ETP inflows with $12.45bn, followed by Nikko AM with $7.87bn and Daiwa with $5.85bn net inflows.