ETPs reach $120bn in Japan
Assets invested in ETFs and ETPs listed in Japan reached a record of $120bn at the end of the first half of 2015 as well as a record level of $18bn in net new assets (NNA).
Net inflows in the first half of 2015 have surpassed the prior record of $13.5bn set in the first half of 2014, according to ETFGI’s preliminary ETF and ETP global insights report. At the end of June 2015, the Japanese ETF/ETP industry had 157 ETFs/ETPs, with 212 listings, assets of $120bn, from 20 providers on 2 exchanges.
In the first half of 2015 record levels of NNA have been gathered by ETFs/ETPs listed globally with $152bn beating the prior record of $130bn in the first half of 2014. US listed ETFs/ETPs gathered $103bn, beating the previous record of $76bn gathered in the first half of 2012, while European listed ETFs/ETPs gathered $40bn, beating the $32bn gathered in the first half of 2014.
In June 2015, ETFs/ETPs listed in Japan saw net inflows of $3.4bn. Equity ETFs/ETPs gathered the majority of the net inflows with $3.3bn, while commodity ETFs/ETPs experienced net outflows with $142m.
YTD through end of June 2015, ETFs/ETPs have seen a record level of net inflows of $18bn. Equity ETFs/ETPs gathered the largest net inflows YTD with $16.6bn, followed by commodity ETFs/ETPs with $355m.
Nomura AM gathered the largest net ETF/ETP inflows in June with $1.7bn, followed by Nikko AM with US$865m and Daiwa with $479m net inflows.
“June was a difficult month for most markets around the world. The S&P 500 index ended June down 2% for the month and finished the first half of 2015 up 1%. Market performance in the first half of 2015 was impacted by a number of uncertainties in the first half of 2015: the situation in Greece and the impact on the eurozone, when the Fed will raise interest rates, volatility in the Chinese market and the MERS outbreak in South Korea.” according to Deborah Fuhr, managing partner of ETFGI.