ETFGI reports ETFs and ETPs listed in Japan gathered net inflows of US$ 4.68 billion during February 2020

 

LONDON— March 19, 2020 — 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 gathered net inflows of US$4.68 billion during February, bringing year-to-date net inflows to US$8.82 billion. Assets invested in the Japanese ETFs/ETPs industry have decreased by 8.3%, from US$398.65 billion at the end of January, to US$365.76 billion, according to ETFGI's February 2020 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 February 2020, the Japan ETFs/ETPs industry had 209 ETFs/ETPs, with 244 listings, from 19 providers listed on 2 exchanges.

Highlights

  • ETFs and ETPs listed in Japan gathered net inflows of US$ 4.68 billion during February
  • Year-to-date net inflows of $8.82 billion are the 5thhighest behind February 2016 with $9.25 billion. 
  • Assets invested in the Japanese ETFs/ETPs industry declined to slightly to $365.76 billion.
  • Majority of net inflows in February and year to date have gone into equity products.

 

“At the end of February, the S&P 500 was down 8.2% as coronavirus cases continued to spread and the potential economic impact weighed on investors and the markets. Outside the U.S., the S&P Developed ex-U.S. BMI declined nearly 9.0%.  The S&P Emerging BMI lost 5.1% during the month. Global equities as measured by the S&P Global BMI ended down 8.1% with 49 of 50 included country indices down, while China gained 0.9%.”  According to Deborah Fuhr, managing partner, founder and owner of ETFGI.

Japan ETF and ETP asset growth as at the end of February 2020

 

 

 

Equity ETFs/ETPs listed in Japan had net inflows of $4.24 billion during February, bringing net inflows for the year to $8.14 billion, slightly less than the $9.48 billion in net inflows equity products had gathered at this point in 2019. Fixed Income ETFs/ETPs listed in Japan suffered net outflows of $65 million during February 2020, bringing net outflows for the year to $101 million, while at this point in 2019 Fixed income ETFs had gathered net inflows of $22 million.  

 

At the end of February 2020, the Bank of Japan held ETFs/ETPs assets of $270 Bn. During February 2020, the 
Bank of Japan purchased ETF/ETP assets to the value of $5.5 Bn.
 

 

 


 

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $5.36 billion at end of February, the TOPIX Exchange Traded Fund (1306 JP) gathered $1.07 billion alone.



Top 20 ETFs by net new assets February 2020: Japan

Name

Ticker

Assets
(US$ Mn)
 Feb-20

NNA
(US$ Mn)
 YTD-20

NNA
(US$ Mn)
 Feb-20

TOPIX Exchange Traded Fund

1306 JP

  90,731.57 

  2,019.00 

  1,068.49 

NEXT FUNDS Nikkei 225 Leveraged Index ETF

1570 JP

   2,478.93 

  1,381.91 

     978.01 

Listed Index Fund TOPIX

1308 JP

  40,871.29 

  1,342.95 

     796.46 

Daiwa ETF TOPIX 

1305 JP

  42,646.96 

  1,003.55 

     512.77 

One ETF Nikkei 225

1369 JP

   2,462.42 

     522.09 

     286.81 

MAXIS TOPIX ETF

1348 JP

  11,784.71 

     410.77 

     282.65 

Listed Index Fund 225

1330 JP

  25,153.57 

     (44.24)

     257.40 

MAXIS NIKKEI225 ETF

1346 JP

  12,921.03 

     364.33 

     185.69 

NEXT FUNDS JPX-Nikkei Index 400 Exchange Traded Fund

1591 JP

   7,215.05 

     250.45 

     151.52 

SMDAM TOPIX ETF iNAV

2557 JP

      139.77 

     143.30 

     143.30 

MAXIS J-REIT Core ETF

2517 JP

      443.72 

       89.40 

       89.41 

MAXIS J-REIT ETF

1597 JP

   1,489.97 

       55.22 

       86.46 

SMDAM NIKKEI225 ETF

1397 JP

      692.48 

       30.03 

       83.24 

Daiwa ETF Tokyo Stock Exchange REIT Index

1488 JP

   1,114.60 

       71.66 

       70.54 

iShares MSCI Japan High Dividend ETF

1478 JP

      399.91 

     123.84 

       70.37 

SMDAM REIT Index ETF

1398 JP

      944.67 

       74.80 

       69.17 

iShares Core TOPIX ETF

1475 JP

   2,609.77 

     160.68 

       62.94 

NZAM ETF Nikkei 225

2525 JP

      573.11 

       70.44 

       59.15 

Simplex Nikkei225 Bull 2x ETF

1579 JP

      162.23 

       96.61 

       57.57 

MAXIS JPX-Nikkei Index 400 ETF

1593 JP

   3,573.90 

       87.93 

       43.52 

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


Investors have tended to invest in Equity and Leveraged ETFs/ETPs at the end of February.

Contact deborah.fuhr@etfgi.comif you have any questions or comments on the press release or ETFGI events, research or consulting services. 

## 

 

 

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Our summits are designed to provide the opportunity for institutional investors, RIAs and financial advisors, to hear from the leading ETF issuers, banks, exchanges, law firms and others around the impact that market structure and regulations have on ETF product development for ESG and non-transparent active, due diligence, suitability, the use and trading, and technological developments of ETFs. 

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Best regards,

Deborah Fuhr
Managing Partner, Founder
ETFGI
125 Old Broad Street
London EC2N 1AR United Kingdom
Phone +44 777 5823 111
deborah.fuhr@etfgi.com

 

 

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   ETF TVis 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.netto watch episodes 1 - 12
Episode 1ETF TVviews from industry leaders in Europe
Episode 2ETF TVTara O'Reilly on the regulatory environment for ETFs 
Episode 3ETF TVDan Draper of Invesco picks out the key future trends to watch in the ETF market 
Episode 4ETF TVDr Xiaolin Chen of KraneShares explains ETF use in institutional investment and for access to China
Episode 5ETF TV ETF market structure and trading protocols are evolving approaches to investment Tom Digby, Head of EMEA ETF Client Trading at Invesco
Episode 6ETF TV Ciarán Fitzpatrick, Managing Director, Head of ETF Servicing Europe at State Street discuss generating alpha with ETFs  
Episode 7of ETF TVfeatures 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 8of ETF TVfeatures Shaun Baskett, Director Index Sales at Cboe Europe sharing his views on the role of regulation, trade transparency and liquidity for ETFs
Episode 9of ETF TVfeatures 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 andDeborah Fuhrof ETFGI 
Episode 10of ETF TVfeatures 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 11of ETF TVfeatures Elena Philipova, Global head of ESG proposition at Refinitiv, sharing her views on the changing landscape of ESG application within the investment industry
Episode 12of ETF TVfeatures Elena Philipova, Global head of ESG proposition at Refinitiv,sharing her views on the regional differences in approach to supporting investment based on environmental, social and governance factors
 Episode 13of 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 14of 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.
Episode 17of ETF TV features Highlights from ETFGI Global ETFs Insights Summit Toronto.

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

  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. 
 
Ms Fuhr was made a Fellow of CFA UK in January 2020, was the recipient of the ETF.com 2018 lifetime achievement award, 100 Women in Finance’s 2017 European Industry Leadership Award, the 2014 William F. Sharpe Lifetime Achievement Award for outstanding and lasting contributions to the field of index investing, the Nate Most Greatest Contributor to the ETF industry award at the 11thannual ExchangeTradedFunds.com awards dinner in 2015, the ETF.com Lifetime achievement award in 2015.  She has been named as one of the “100 Most Influential Women in Finance” by Financial News over several years, most recently in 2016, and as one of the “10 to Watch in 2014” by Rep. magazine and wealthmanagement.com. Ms Fuhr won the award for the Greatest Overall Contribution to the development of the Global ETF industry in the ExchangeTradedFunds.com survey in 2011 and 2008 and received an award for her contribution to the ETF sector at the annual closed end funds and ETF event in New York and was featured in the Investors Chronicle’s list of “150 people that can make you money” in 2010.    

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 5,600 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


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