ETFGI Press Release September 2014: Japan

ETFGI Press Release September 2014: Japan

According to ETFGI ETFs and ETPs listed in Japan had net outflows of 1.6 billion US dollars in September 2014

LONDON — October 14th, 2014 — In September 2014, ETFs/ETPs saw net outflows of US$1.6 billion. Year to date net inflows of US$15.0 Bn through the end of Q3 2014 are at a record high level. At the end of September 2014, the Japanese ETF/ETP industry had 140 ETFs/ETPs, with 182 listings, assets of US$89.2 billion, from 18 providers listed on 3 exchanges, according to ETFGI’s end Q3 2014 Global ETF and ETP industry insights report.

YTD NNA flows reached record levels for the ETF/ETP industries in Japan at US$15.0 Bn, Europe at US$47.4 Bn, and globally at US$199.0 Bn.

“Investors in Asia Pacific are becoming more cautious due to the unfavourable geopolitical environment taking some net assets our of equity ETFs/ETPs and allocating some net new assets to government bonds and precious metals ETFs/ETPs. During September the S&P 500 declined 1%, developed markets declined 4% while emerging markets declined 7%.” according to Deborah Fuhr, Managing Partner at ETFGI.

In September 2014, ETFs/ETPs saw net outflows of US$1.6 Bn. Equity ETFs/ETPs experienced net outflows of US$716 Mn, while fixed income ETFs/ETPs saw net inflows of US$4 Mn and commodity ETFs/ETPs saw net inflows of US$3 Mn.

Nomura AM is the largest ETF/ETP provider in terms of assets with US$40.9 Bn, reflecting 45.9% market share; Daiwa is second with US$19.3 Bn and 21.7% market share, followed by Nikko AM with US$18.5 Bn and 20.8% market share. The top three ETF/ETP providers, out of 18, account for 88.3% of Japanese ETF/ETP assets, while the remaining 15 providers each have less than 9% market share.

The top 6 providers ranked by asset under management each had net outflows in September. NZAM gathered the largest net ETF/ETP inflows in September with US$15 Mn, followed by MUFJ with US$3 Mn and iPath with US$1 Mn net inflows.

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