This report is a review of the Exchange Traded Funds (ETFs) and Exchange Traded Products (ETPs) in the Asia Pacific ..…
FOR PROFESSIONAL INVESTORS. NOT FOR INVESTORS IN THE US OR CANADA.
….region through 2009. Data is split and shown as Asia Pacific (ex-Japan) with Japan data shown separately. This report also includes a review of all ETFs listed in Asia Pacific and a comparison to the local mutual fund flows and Index performance comparisons.
At the end of December 2009 there were 197 ETFs in Asia Pacific, with 278 listings, assets under management of US$63.15 Bn from 48 providers on 15 exchanges.
In Asia Pacific (ex-Japan), there were 129 ETFs, assets of US$38.52 Bn, with 207 listings from 44 providers on 13 exchanges at the end of December 2009. Asia Pacific (ex-Japan) ETF AUM has increased by 62.1%, while the MSCI AC Asia Pacific ex-Japan Index is up 68.4% YTD in US dollar terms. State Street Global Advisors is the largest provider in terms of assets with US$9.72 Bn in 13 ETFs and 25.2% market share, followed by iShares with US$7.84 Bn in 13 ETFs and 20.3% market share, and Hang Seng Investment Management in third with US$5.29 Bn in three ETFs and 13.7% market share at the end of 2009.
In Japan, there were 68 ETFs, assets of US$24.63 Bn, with 71 listings from six providers on two exchanges at the end of December 2009. Japanese ETF AUM has fallen by 10.2% while the MSCI Japan Index is up 5.41% YTD in US dollar terms. Nomura Asset Management is the largest provider in terms of assets with US$13.37 Bn in 30 ETFs and 54.3% market share, followed by Nikko Asset Management with US$5.74 Bn in 10 ETFs and 23.3% market share, and Daiwa Asset Management in third with US$4.93 Bn in 22 ETFs and 20.0% market share at the end of 2009.
This communication is being made available to persons who are investment professionals as that term is defined in article 19 of the financial services and markets act 2000 (financial promotion order) 2005 or its equivalent under any other applicable law or regulation in the relevant jurisdiction. It is directed at persons who have professional Experience in matters relating to investments.
This document is an independent market commentary document based on publicly available information and is produced by the etf research & implementation strategy Team. Specifically, this is not marketing nor is it an offer to buy or sell any security or to participate in any trading strategy. Affiliated companies of blackrock may make Markets in the securities of etfs and provide etfs in the form of ishares. Further, blackrock and⁄or its affiliated companies and⁄or their employees may from time to time hold Shares or holdings in the underlying shares of, or options on, any security of etfs and may as principal or agent buy securities in etfs.
This document does not provide investment advice and the information contained within should not be relied upon in assessing whether or not to invest in the products Mentioned. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it. The securities discussed in this commentary May not be suitable for all investors. Blackrock recommends that investors independently evaluate each issuer, security or instrument discussed in this publication and Encourages investors to seek the advice of a financial adviser. The appropriateness of a particular investment or strategy will depend on an investor’s individual circumstances And objectives.
Source: ETFWorld – BlackRock
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