ETFGI, a prominent independent research and consultancy firm specializing in providing subscription research on trends in the global ETFs industry, reports assets invested in the ETFs industry in Asia Pacific (ex-Japan) reached a new record of US$979.28 billion at the end of July.
The ETFs industry in Asia Pacific (ex-Japan) region gathered net inflows of US$48.96 billion during July, bringing year-to-date net inflows to US$191.13 billion, according to ETFGI’s July 2024 Asia Pacific (ex-Japan) ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
- Assets invested in the ETFs industry in Asia Pacific (ex-Japan) reached a new record of $979.28 Bn at the end of July beating the previous record of $924.01 Bn at the end of June 2024.
- Net inflows of $48.96 Bn gathered during July.
- YTD net inflows of $191.13 Bn are the highest on record, the second highest recorded YTD net inflows are $72.63 Bn in 2022, followed by YTD net inflows of $70.24 Bn in 2023.
- 37th month of consecutive net inflows.
“The S&P 500 index increased by 1.22% in July and is up 16.70% YTD in 2024. The developed markets excluding the US index increased by 3.37% in July and is up 8.12% YTD in 2024. Ireland (up 6.48%) and Belgium (up 6.42%) saw the largest decreases amongst the developed markets in July. The Emerging markets index increased by 0.57% during July and is up 8.70% YTD in 2024.Greece (up 6.93%) and United Arab Emirates (up 6.18%) saw the largest increases amongst emerging markets in July”, according to Deborah Fuhr, managing partner, founder, and owner of ETFGI.
Asset growth in the ETFs industry in Asia Pacific (ex-Japan) region as at the end of July
The ETFs industry in Asia Pacific (ex-Japan) had 3,474 products, with 3,664 listings, assets of $979.28 Bn, from 254 providers listed on 21 exchanges in 15 countries at the end of July.
During July, ETFs gathered net inflows of $48.96 Bn. Equity ETFs gathered net inflows of $35.83 Bn during July, bringing YTD net inflows to $138.23 Bn, much higher than the $45.66 Bn in net inflows YTD in 2023. Fixed income ETFs had net inflows of $7.05 Bn during July, bringing YTD net inflows to $37.88 Bn, higher than the $16.44 Bn in net inflows YTD in 2023. Commodities ETFs reported net inflows of $480.63 Mn during July, bringing YTD net inflows to $3.87 Bn, much higher than the $239.84 Mn in net inflows YTD in 2023. Active ETFs reported net inflows of $4.88 Bn during the month, gathering YTD net inflows of $10.03 Bn, higher than the $6.67 Bn in net inflows YTD in 2023.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $32.93 Bn during July. Huatai-Pinebridge CSI 300 ETF (510300 CH) gathered $7.06 Bn, the largest individual net inflow.
Source: ETFGI