ETFGI reports assets invested in the ETFs industry in Asia Pacific (ex-Japan)

ETFGI reports assets invested in the ETFs industry in Asia Pacific (ex-Japan) reached a new record high of US$899.65 billion at the end of May

LONDON —June 24, 2024 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETFsecosystem, reported today that assets invested in the ETFs industry in Asia Pacific (ex-Japan) reached a new record high of US$899.65 billion at the end of May. ETFs industry in Asia Pacific (ex-Japan) gathered net inflows of US$8.61 billion during May, bringing year-to-date net inflows to US$118.00 billion, according to ETFGI’s May 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 $889.65 Bn at the end of May beating the previous record of $884.51 Bn at the end of April 2024.
• Assets have increased by 14.7% YTD in 2024, going from $784.24 Bn at end of 2023 to $889.65 Bn.
   
• Net inflows of $8.61 Bn during May.
   
• YTD net inflows of $118.00 Bn are the highest record, the second highest YTD net inflows are $63.59 Bn in 2022, followed by YTD net inflows of $44.12 Bn in 2023.
• 35^th month of consecutive net inflows.

“The S&P 500 index increased by 4.96% in May and is up by 11.30% YTD in 2024. The developed markets excluding the US index increased by 3.62% in May and is up 6.09% YTD in 2024.  Norway (up 10.84%) and Portugal (up 8.72%) saw the largest increases amongst the developed markets in May. The emerging markets index increased by 1.17% during May and is up 4.97% YTD in 2024. Egypt (up 11.82%) and Czech Republic (up 9.44%) saw the largest increases amongst emerging markets in May,” according to Deborah Fuhr, managing partner, founder, and owner of ETFGI.

ETFs industry in Asia Pacific (ex-Japan) asset growth as at the end of May  

At the end of May 2024, the ETFs industry in Asia Pacific (ex-Japan) had 3,414 ETFs, with 3,601 listings, assets of $899.65 Bn, from 255 providers listed on 20 exchanges in 15 countries.

During May, ETFs industry in Asia Pacific (ex-Japan) gathered net inflows of $8.61 Bn. Equity ETFs gathered net inflows of $1.64 Bn over May, bringing YTD net inflows to $83.44 Bn, much higher than the $25.53 Bn in YTD net inflows in 2023. Fixed income ETFs reported net inflows of $4.64 Bn during May, bringing YTD net inflows to $27.80 Bn, higher than the $11.39 Bn in net inflows YTD in 2023. Commodities ETFs reported net inflows of $571.47 Mn during May, bringing YTD net inflows to $2.76 Bn, higher than the $192.33 Mn in net inflows YTD in 2023. Active ETFs  had net inflows of $1.60 Bn during the month, gathering net inflows for the year of $4.14 Bn, lower than the $5.85 Bn in net inflows YTD in 2023.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $7.10 Bn during May. CAPITAL ICE ESG 20+ YEAR BBB US CORPORATE ETF (00937B TT) gathered $1.26 Bn, the largest individual net inflow.

Top 20 ETFs by net new assets in May 2024: Asia Pacific (ex-Japan)