ETFGI reports that assets invested ETFs and ETPs listed in Japan reached a new record high of US$391.89 billion at the end of November 2019

LONDON— December 20, 2019 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that ETFs and ETPs listed in Japan saw net outflows of US$949 million in November, bringing year-to-date net inflows to US$35.74 billion. Assets invested in the Japanese ETF/ETP industry have increased slightly, from US$391.87 billion at the end of October to a record US$391.89 billion, according to ETFGI's November 2019 Japanese ETFs and ETPs industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

At the end of November 2019, the Japan ETFs/ETPs industry had 224 ETFs/ETPs, with 259 listings, from 19 providers on 2 exchanges.

Highlights

  • Assets invested in the Japanese ETF/ETP industry hit a new record of $391.89 billion.
  • YTD the Bank of Japan has purchased $38 Bn in ETFs/ETPs and reports holding $255 Bn in ETFs/ETPs. 
  • Year-to-date net inflows of $35.74 billion are the 4thhighest behind November 2015 with $39.52 billion 
  • Assets invested in the Japanese ETF/ETP industry increased for 6 consecutive months.
     

“During November the S&P 500 gained 3.6% as global markets were resistant to fears of inflation and showed optimism on the trade talks.  Global equities as measured by the S&P Global BMI were up 2.5% and the 
S&P Emerging BMI gained 0.1%.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.

Japan ETF and ETP asset growth as at the end of November 2019

https://etfgi.com/sites/default/files/styles/feature_image/public/source_3.png?itok=sw3zyEon

 

Leveraged/Inverse ETFs/ETPs listed in Japan had net inflows of $306 million in November, bringing inflows for the year to November 2019 to $2.84 billion, greater than the $741 million in net outflows leveraged/Inverse products had in the year to November 2018. Alternative ETFs/ETPs listed in Japan had net inflows of $78 million in November, bringing inflows for the year to November 2019 to $335 million, higher than the $71 million in net outflows Alternative products had in the year to November 2018. Equity ETFs/ETPs listed in Japan saw net outflows of 
$1.14 billion in November 2019, bringing net inflows for the year to November 2019 to $36.37 billion, substantially less than the $61.73 billion in net inflows equity products had attracted in the year to November 2018. 

 

https://etfgi.com/sites/default/files/styles/feature_image/public/source_3.png?itok=sw3zyEon

 

At the end of November 2019, the Bank of Japan held ETF/ETP assets of $255 Bn. During November 2019, the Bank of Japan purchased ETF/ETP assets to the value of $1 Bn and YTD $38 Bn.

 

Substantial inflows can be attributed to the top 20 ETF’s by net new assets, which collectively gathered $1.74 billion in November, the MAXIS NIKKEI225 ETF (1346 JP) gathered $436.84 million alone.

Top 20 ETFs by net new assets November 2019: Japan

Name

Ticker

Assets
(US$ Mn)
 Nov-19

NNA
(US$ Mn)
 YTD-19

NNA
(US$ Mn)
 Nov-19

MAXIS NIKKEI225 ETF

1346 JP

  13,613.86 

     (71.93)

    436.84 

NEXT FUNDS Nikkei 225 Double Inverse Index Exchange Traded Fund

1357 JP

   2,428.47 

  2,209.10 

    234.38 

NEXT FUNDS Tokyo Stock Exchange REIT Index ETF

1343 JP

   3,514.02 

     139.35 

    119.71 

SMDAM REIT Index ETF

1398 JP

      931.31 

     294.88 

      98.70 

Daiwa ETF Tokyo Stock Exchange REIT Index

1488 JP

   1,116.76 

     323.16 

      98.60 

Nikkei 225 Exchange Traded Fund

1321 JP

  57,542.82 

   (675.75)

      94.49 

Listed Index Fund J-REIT (Tokyo Stock Exchange REIT Index) Bi-Monthly Dividend Payment Type

1345 JP

   2,484.30 

     (51.84)

      89.81 

Kokusai S&P500 VIX Short-Term Futures Index ETF

1552 JP

      291.37 

     335.92 

      78.13 

MAXIS J-REIT ETF

1597 JP

   1,503.10 

     (18.90)

      71.71 

One ETF Tokyo Stock Exchange REIT Index

2556 JP

      238.75 

     235.99 

      64.44 

iShares Japan REIT ETF

1476 JP

   2,433.26 

     584.45 

      62.64 

NZAM ETF Nikkei 225

2525 JP

      592.90 

     537.96 

      59.31 

MAXIS JPX-Nikkei Index 400 ETF

1593 JP

   3,827.15 

     735.14 

      43.26 

Listed Index Fund JPX-Nikkei Index 400

1592 JP

   2,020.94 

     247.04 

      41.41 

One ETF JPX-Nikkei 400

1474 JP

   1,342.55 

     244.26 

      29.48 

Rakuten ETF-Nikkei 225 Double Inverse Index

1459 JP

      221.29 

     187.47 

      29.04 

Simplex - Nikkei Average Bear Double Exchange Trade Fund

1360 JP

      381.23 

     292.81 

      28.63 

NZAM ETF J-REIT Core Index

2527 JP

      319.34 

     278.92 

      23.83 

iShares USD Investment Grade Corporate Bond JPY Hedged ETF

1496 JP

      154.20 

       58.29 

      20.74 

NZAM ETF J-REIT Index

1595 JP

   2,058.08 

     155.93 

      18.29 

https://etfgi.com/sites/default/files/styles/feature_image/public/source_3.png?itok=sw3zyEon 


Investors have tended to invest in Leveraged/Inverse and Alternative ETFs/ETPs in November.

Contact [email protected]if you have any questions or comments on the press release or ETFGI events, research or consulting services. 

###

Register now to join the discussion with leading ETF issuers, investors, the top brokerage firms, regulators and representatives from stock exchanges, law firms and other firms at the ETFGI Global ETFs Insights Summits 2020 - free registration and CPD credits are offered to buyside investors and financial advisors:

New York – April 2, 2020 at The Metropolitan Club, New York register now early bird rate ends February 10th
London – May 19, 2020 at The Waldorf Hilton, London register now early bird rate ends March 31st 
Toronto – September 2020
Hong Kong – November 2020

Interested in sponsoring or speaking please contact: Deborah Fuhr, Managing Partner, Founder, ETFGI [email protected]

 

 

The ETFGI Global ETFs Insights Summitsare designed to facilitate substantive and in-depth discussions around the impact that market structure and regulations have on ETF product development, due diligence, suitability, the use and trading, and technological developments have on ETFs and mutual funds in the respective jurisdictions.  Free registration and CE credits are offered to buyside investors and financial advisors.There are speaker and sponsorship opportunities available. 

 

Afternoon workshop: during the afternoon coffee break participants will have the opportunity to discuss with their peers topics of importance and interest raised earlier in the day relating to ETFs, as well as raise any questions with, and obtain guidance from, outside experts.

 

Register nowto join the discussion with leading ETF issuers, investors, the top brokerage firms, regulators and representatives from stock exchanges, law firms and other firms. 



The ETFGI Global ETFs Insights Summit2020 schedule:
Free registration and CE credits are offered to buyside investors and financial advisors.  
   
New York – April 2, 2020 at The Metropolitan Club, New York register now early bird rate ends February 10th
London – May 19, 2020 at The Waldorf Hilton, London register now early bird rate ends March 31st 
Toronto – September 2020
Hong Kong – November 2020

 

ETFGI SERVICES 
ETFGI currently offers the following subscription services: 

  • ETFGI Basic Global ETFs and ETPs research service – Global Industry insight Landscape reports and database and factsheet for all ETFs/ETPs listed globally
  • ETFGI Global ESG ETFs and ETPs Landscape report
  • ETFGI Global Active ETF ETFs and ETPs Landscape report 
  • ETFGI Global Smart Beta Equity ETF ETFs and ETPs Landscape report 
  • ETFGI Global Currency Hedged ETFs and ETPs Landscape report 
  • ETFGI Global Leverage and Inverse ETFs and ETPs Landscape report 
  • ETFGI Global EM and FM ETFs and ETPs Landscape report 
  • ETFGI China ETFs and ETPs Landscape report 
  • ETFGI Global Institutional Users of ETFs and ETPs Landscape report 
  • ETFGI Trends in ETF Adoption by fund platforms in the UK report 
  • Custom reports and analysis 
  • ETFGI Weekly Newsletter (free subscription - register at www.etfgi.com
  • ETFGI Global ETFs Insights Summits2020

New York – April 2, 2020 at The Metropolitan Club, New York registernow early bird rate ends February 10th
London – May 19, 2020 at The Metropolitan Club, New York registernow early bird rate ends February 10th
Toronto – September 2020
Hong Kong – November 2020

https://etfgi.com/sites/default/files/styles/small_75x75/public/etftv.png?itok=5ed7_Z59

ETF TV is a new show which provides insights into the use, trading, regulatory and product development trends for exchange traded funds ETFs and exchange traded products ETPs.  Go to www.ETFtv.net to view

Episode 1 ETF TV views from industry leaders in Europe
Episode 2 ETF TV Tara O'Reilly on the regulatory environment for ETFs 
Episode 3 ETF TV Dan Draper of Invesco picks out the key future trends to watch in the ETF market 
Episode 4 ETF TV Dr Xiaolin Chen of KraneShares explains ETF use in institutional investment and for access to China
Episode 5 ETF TV ETF market structure and trading protocols are evolving approaches to investment Tom Digby, Head of EMEA ETF Client Trading at Invesco
Episode 6 ETF TV Ciarán Fitzpatrick, Managing Director, Head of ETF Servicing Europe at State Street discuss generating alpha with ETFs  
Episode 7 of ETF TV features Eric M. Pollackov Global Head of ETF Capital Markets at Invesco sharing his views on active and passive investing being a collaboration of capabilities, the need for education and innovations developing in non-transparent active and Crypto ETPs
Episode 8 of ETF TV features Shaun Baskett, Director Index Sales at Cboe Europe sharing his views on the role of regulation, trade transparency and liquidity for ETFs
Episode 9 of ETF TV features Sergey Dolomanov, Partner at WILLIAM FRY sharing his views on the value of ETFs being the delivery of better value and choice for investors and the development of active and ESG strategies with Hamish McArthur of ETF TV and Deborah Fuhr of ETFGI 
Episode 10 of ETF TV features Jim Goldie, head of ETF Capital Markets (EMEA) at Invesco, sharing his views on the growth in the use of fixed income ETFs, how they can have tighter spreads than the index and provide cost efficient execution, with Hamish McArthur of ETF TV
Episode 11 of ETF TV features Elena Philipova, Global head of ESG proposition at Refinitiv, discussing how to define sustainable investment opportunities and the changing landscape of ESG application within the investment industry
Episode 12 of ETF TV part 2 of the Difference in US and European approaches to ESG should not inhibit growth interview with Elena Philipova, global head of ESG proposition at Refinitiv with Deborah Fuhr, Managing Partner of ETFGI and co-founder of ETF TV
Episode 13 of ETF TV   features Tom Stephens, head of international ETF Capital Markets at JP Morgan Asset Management, Active ETFs will be the next level.  The use of fixed income exchange-traded funds for long term investment as well as for shorter term liquidity management and portfolio transitions
Episode 14 of ETF TV episode features Manuela Sperandeo, EMEA head of smart beta, sustainable and thematic ETFs at BlackRock explains how to define the category, assess it in the context of investment strategy, and to implement it in practicality

Episode 15 of ETF TV features Ivan Gilmore, head of exchange-traded products and global product development at the London Stock Exchange sees innovation in trading protocols and ESG products are transforming the ETF landscape, plus his thoughts on active vs passive and governance.
Episode 16 of ETF TV features Deborah Fuhr and Dan Barnes - The ETF Rule in the US will lead to many new issues in the market across 2020; the ‘non-transparent active’ ETFs – in reality as transparent as mutual funds, and better described as periodically-disclosed ETFs, will increase in number. New smart-beta strategies and launches of funds based on existing smart-beta strategies will also grow.

 

Please contact us if you are interested in sponsoring a mini segment or a full episode.

https://gallery.mailchimp.com/551a1415abdf7c25dbc1a66fe/images/873134b1-6263-4fb5-ba9e-d7a75dd6f833.jpg  ETFGI is supporting Jobs in ETFs, the first website for careers and recruitment in the ETF industry.  www.jobsinetfs.com

About Deborah Fuhr 
Previously Deborah Fuhr served as global head of ETF research and implementation strategy and as a managing director at BlackRock/Barclays Global Investors from 2008 – 2011. She also worked as a managing director and head of the investment strategy team at Morgan Stanley in London from 1997 – 2008, and as an associate at Greenwich Associates. 
 
She has been working with investors, ETF, ETP providers, index providers, exchanges, MMs and APs, regulators, trade associations, custodians, law firms, accounting firms around the world since 1997. 

ETFGI is honored to count as our research and consulting clients some of the leading firms in the ETF Ecosystem around the world as well as some new entrants and firms that are considering entering the ETF, ETP industry. 
 
Past awards for Ms Fuhr include the ETF.com’s 2018’s Lifetime Achievement Award, the recipient of the 100 Women in Finance 2017 European Industry Leadership Award, the 2014 William F. Sharpe Lifetime Achievement Award for outstanding contributions to the field of index investing and she named one of the “100 Most Influential Women in Finance” by Financial News over several years, most recently in 2016. 
 
Deborah Fuhr is a founder and board member of Women in ETFs “WE” the first women’s group for the ETF industry. Founded in January 2014, WE is a non-profit organization that brings together over 5,300 members, including women and men, in chapters in major financial centers around the world to CONNECT, SUPPORT and INSPIRE. WE achieves this by organizing events at our chapters globally that support our goals of education, networking, philanthropy, and idea sharing across the industry and beyond. For more information, visit: 
www.womeninetfs.com

Contact: 
Deborah Fuhr 
Managing Partner, Founder 
ETFGI 
Mobile: +44 777 5823 111 
Email: 
[email protected] 
Web: 
www.etfgi.com 
Connect on:
Deborah Fuhr  
 https://gallery.mailchimp.com/551a1415abdf7c25dbc1a66fe/images/84bae20f-e551-4a5c-9e3d-f91408b10d1c.pnghttps://gallery.mailchimp.com/551a1415abdf7c25dbc1a66fe/images/8a5872d8-de0a-4f30-a3d9-120885251016.png    
ETFGI  
 https://gallery.mailchimp.com/551a1415abdf7c25dbc1a66fe/images/84bae20f-e551-4a5c-9e3d-f91408b10d1c.pnghttps://gallery.mailchimp.com/551a1415abdf7c25dbc1a66fe/images/8a5872d8-de0a-4f30-a3d9-120885251016.png   
ETF Network 
https://gallery.mailchimp.com/551a1415abdf7c25dbc1a66fe/images/84bae20f-e551-4a5c-9e3d-f91408b10d1c.png  

ETF TV   https://gallery.mailchimp.com/551a1415abdf7c25dbc1a66fe/images/84bae20f-e551-4a5c-9e3d-f91408b10d1c.png https://gallery.mailchimp.com/551a1415abdf7c25dbc1a66fe/images/8a5872d8-de0a-4f30-a3d9-120885251016.png    www.ETFtv.net

Women in ETFs  https://gallery.mailchimp.com/551a1415abdf7c25dbc1a66fe/images/84bae20f-e551-4a5c-9e3d-f91408b10d1c.pnghttps://gallery.mailchimp.com/551a1415abdf7c25dbc1a66fe/images/8a5872d8-de0a-4f30-a3d9-120885251016.png