Japan ETFs/ETPs pick up pace

Exchange-traded funds and products (ETFs and ETPs) listed in Japan are gathering net new assets 59 percent percent faster than in prior years according to ETFGI, an independent research consultancy.

A record level of $23.8 billion in net new assets (NNA) was gathered by ETFs and ETPs listed in Japan in the first seven months of 2015, surpassing the prior record of $15.0 billion gathered in the same period in 2014.

At the end of July 2015, the Japanese ETF/ETP industry had 154 ETFs/ETPs, with 209 listings, assets of $125 billion, from 21 providers listed on 2 exchanges, according to ETFGI’s preliminary ETF and ETP global insights report for the July 2015.

“The S&P 500 index ended up 2 percent for the month of July and finished the first seven months of 2015 up 3 percent. Although investors faced uncertainty in China and Greece during July they continued to invest significant net new assets in equity ETFs”, according to Deborah Fuhr, ETFGI managing partner.

Record levels of NNA have also been gathered by ETFs/ETPs listed globally which have gathered $199 billion in first seven months of 2015, surpassing the prior record of $164 billion gathered in the same period in 2014, the consultancy says.

A record level of $125.1 billion in net new assets (NNA) was gathered by ETFs and ETPs listed in the United States in the first seven months of 2015, surpassing the prior record of $115.9 billion gathered in the same period in 2013, and a record level of $48.4 billion in NNA was gathered by ETFs and ETPs listed in Europe in the first seven months of 2015, surpassing the prior record of $42.9 billion gathered in the same period in 2014.

In July 2015, ETFs/ETPs listed in Japan saw net inflows of $5.9 billion. Equity ETFs/ETPs gathered the largest net inflows with $4.3 billion, followed commodity ETFs/ETPs with $218 million, and fixed income ETFs/ETPs with $5 Mn in net inflows.

Year to date to the end of July, ETFs/ETPs have seen net inflows of $23.8 billion. Equity ETFs/ETPs gathered the largest net inflows with $20.9 billion, followed by commodity ETFs/ETPs with $573 Mn, and fixed income ETFs/ETPs with $45 million.

Nomura AM gathered the largest net ETF/ETP inflows in July with $2.9 billion, followed by Nikko AM with $1.7 billion and Daiwa with $711 million in net inflows.

YTD, Nomura AM gathered the largest net ETF/ETP inflows with $10.1 billion, followed by Nikko AM with $6.0 billion and Mitsubishi UFJ with $2.5 billion in net inflows.