Assets invested in Japan-listed exchange-traded funds and exchange-traded products grew by 26.7% in the first half of 2017, from $173.3 billion to reach a new record of $219.6bn, according to research from ETF industry consultancy ETFGI.
ETFs/ETPs listed in Japan gathered net inflows of $2.2bn in June. Year-to-date (YTD) net inflows stand at a record $28.6bn which is significantly ahead of the $16.5bn gathered at this point last year.
Equity ETFs/ETPs gathered net inflows of $2.6bn in June, bringing YTD net inflows to a record $30.1bn, up from net inflows of $14.2bn over the same period last year.
Flows into fixed income ETFs/ETPs were flat in June, recording net outflows of just $1 million during the month. YTD net inflows are $28m, which is less than the same period last year which saw net inflows of $41m.
Commodity ETFs/ETPs accumulated net inflows of $87m in June. YTD, net inflows are at $70m, which is greater than the net inflows of $21m recorded over the same period last year.
Nomura AM gathered the largest net ETF/ETP inflows in June with $2.0bn, followed by Nikko AM with $1.0bn and Daiwa with $245m.
YTD, Nomura AM was also the most successful gatherer of net new ETF/ETP assets with $12.5bn net inflows, followed by Nikko AM with $7.9bn and Daiwa with $5.9bn.
At the end of June 2017, the Japanese ETF/ETP industry had 188 ETFs/ETPs, with 233 listings from 21 providers listed on two exchanges.