Japan-listed exchange-traded funds and exchange traded products gathered $2.48bn in net new assets last month, bringing total inflows for the first two months of the year to a record $9.24bn, according to data from London-based consultancy ETFGI.
Equity ETFs/ETPs gathered $2.51bn in February, the largest net inflows from any asset class, followed by commodity ETFs/ETPs with $108m, and fixed income ETFs/ETPs at $5m.
Nomura AM was the most successful gatherer of new assets during February with $1.47bn, followed by Nikko AM with $693m and Daiwa with $391m net inflows.
Since the start of the year, Nomura AM gathered the largest net ETF/ETP inflows with $5.68bn, followed by Nikko AM with $1.68bn and Daiwa with $852m net inflows.
Index provider Nikkei has the largest amount of ETF/ETP assets tracking its benchmarks reflecting a 56.4% market share, TSE is second with 40.6% market share, followed by Nomura with 0.8% market share.
As of 1 March 2016, the ETF industry in Japan has total assets under management of $131bn, spread across 170 ETFs/ETPs, with 225 listings, from 21 providers on 2 exchanges.