ETFs/ETPs listed in Japan have gathered $4.3 billion in net inflows during July, bringing total assets invested in Japan-listed ETFs/ETPs to a new record high of $225bn, according to ETF industry consultant ETFGI.
Year-to-date (YTD), net inflows stand at $32.9bn, significantly above the $18.1bn net inflows gathered at this point last year.
Equity ETFs/ETPs saw net inflows of $4.1bn in July, bringing YTD net inflows to $34.2bn, which is substantially greater than the net inflows of $17.3bn over the same period last year.
Fixed income ETFs/ETPs experienced net inflows of $9 million in July, growing YTD net inflows to just $37m, which is less than the same period last year which saw net inflows of $44m.
Commodity ETFs/ETPs saw net outflows of $36m in July. YTD, net inflows are at $34m, compared to net inflows of $18m over the same period last year.
Nikko AM gathered the largest net ETF/ETP inflows in July with $1.4bn, followed by Nomura AM with $1.2bn and Daiwa with $969m.
YTD, Nomura AM gathered the largest net ETF/ETP inflows with $13.6bn, followed by Nikko AM with $9.2bn and Daiwa with $6.8bn.
At the end of July 2017, the Japanese ETF/ETP industry had 188 ETFs/ETPs, with 233 listings from 21 providers on two exchanges.