ETFGI’s analysis finds ETFs and ETPs listed in Japan gathered US$1.4 billion in net new assets in July, which pushed assets in the Japanese ETF/ETP industry to a new record high of US$91.5 billion , surpassing the prior record of US$90.1 billion set at the end of June 2014.
The Japanese ETF/ETP industry had 139 ETFs/ETPs, with 181 listings, from 18 providers listed on 3 exchanges, according to preliminary data from ETFGI’s end July 2014 Global ETF and ETP industry insights report.
The ETF/ETP industries in Europe, in Japan and globally have gathered record levels of YTD NNA at US$42.7 billion, US$14.9 billion and US$160.5 billion, respectively. New record highs in assets were reached at the end of July by ETF/ETP industries in Canada with US$66 billion, Asia Pacific (ex-Japan) with US$103 Bn and Japan with US$91.5 billion.
"In July investors invested the majority of new money into equity exposures as investor confidence was positive through most of month. The S&P 500 hit an all-time high during July but ended the month down 1% as market were rattled at the very end of the month by the situations in the Ukraine and Gaza and a poor start to the U.S. earnings season. Developed markets outside the US ended the month down 2%, while emerging markets gained 2%, Asia was up 5% and frontier markets were up 4% in July." according to Deborah Fuhr, Managing Partner at ETFGI.
In July 2014, ETFs/ETPs saw net inflows of US$1.43 billion. Equity ETFs/ETPs gathered the largest net inflows with US$1.83 billion, followed by fixed income ETFs/ETPs with US$ 3 million, while commodity ETFs/ETPs experienced no net flows.
Nomura AM gathered the largest net ETF/ETP inflows in July with US$717 million, followed by Mitsubishi UFJ with US$504 million and Daiwa with US$273 million net inflows.