ETFGI, a leading independent research and consulting firm that specializes in providing subscription-based research on global ETF industry trends, reports that assets invested in the Asia Pacific (excluding Japan) ETF industry reached a new record of US$979.28 billion at the end of July.
According to ETFGI's July 2024 Asia-Pacific (ex-Japan) ETF & ETP Industry Trends Insights Report, the ETF industry in the Asia-Pacific (ex-Japan) region recorded net inflows of US$48.96 billion in July, bringing year-to-date net inflows to US$191.13 billion. This report is a monthly report that is part of an annual paid research subscription service. (All dollar values are in US dollars unless otherwise noted.)
Highlights
Assets invested in the Asia-Pacific (ex-Japan) ETF industry reached a new record of $979.28 billion at the end of July, surpassing the previous record of $924.01 billion at the end of June 2024. July saw net inflows of $48.96 billion. Year-to-date net inflows of $191.13 billion are the highest on record, with the second highest YTD net inflows being $72.63 billion in 2022, followed by $70.24 billion in YTD net inflows in 2023. This marks the 37th consecutive month of net inflows.
Deborah Farr, Managing Partner, Founder and Owner of ETFGI said, “The S&P 500 index was up 1.22% in July and is up 16.70% YTD in 2024. Developed markets excluding the US index were up 3.37% in July and are up 8.12% YTD in 2024. The biggest declines among developed markets in July were Ireland (up 6.48%) and Belgium (up 6.42%). The Emerging Markets index was up 0.57% in July and is up 8.70% YTD in 2024. The biggest gains among emerging markets in July were Greece (up 6.93%) and the UAE (up 6.18%).”
Asia Pacific (ex-Japan) ETF industry asset growth as of end-July
The Asia-Pacific (excluding Japan) ETF industry had 3,474 products, 3,664 listings and $979.28 billion in assets offered by 254 providers listed on 21 exchanges in 15 countries as of the end of July.
ETFs saw net inflows of $48.96 billion during July. Equity ETFs saw net inflows of $35.83 billion in July, bringing their year-to-date net inflows to $138.23 billion, significantly exceeding 2023 YTD net inflows of $45.66 billion. Bond ETFs saw net inflows of $7.05 billion in July, bringing their year-to-date net inflows to $37.88 billion, exceeding 2023 YTD net inflows of $16.44 billion. Commodity ETFs saw net inflows of $480.63 million in July, bringing their year-to-date net inflows to $3.87 billion, significantly exceeding 2023 YTD net inflows of $239.84 million. Active ETFs saw net inflows of $4.88 billion in July, bringing year-to-date net inflows to $10.03 billion, surpassing the $239.84 million in net inflows so far in 2023. YTD net inflows are $6.67 billion.
The top 20 ETFs by net new assets saw large inflows during July, with a combined total of $32.93 billion in inflows. The Huatai-Pinebridge CSI 300 ETF (510300 CH) recorded the largest individual net inflow with $7.06 billion in inflows.
Source: ETFGI
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