Japanese ETF industry grows assets by 59% in 2017

Jan 23rd, 2018 | By | Category: ETF and Index News

The total market cap of ETFs and ETPs listed in Japan grew by $102.5 billion to a record high of $275.8bn in 2017, representing an increase of 59% for the year, according to ETF industry consultants ETFGI.

Japan ETF industry grows assets by 59% in 2017

The Japanese ETF industry saw assets grow by 59% in 2017.

Net inflows into Japan-listed ETFs/ETPs of $52.6bn for 2017 were 50.4% higher than those of 2016, and accounted for just under half of the yearly growth, with the remainder due to the strong performance of the underlying assets over the year.

Net inflows for 2017 were double the average of the last five years, with $53.3bn of inflows attributed to the top 20 ETFs and other ETFs in the region collectively notching up slight net outflows.

The Topix ETF (1306 JP) accounted for $17.3bn of inflows, showing further consolidation of the Japan ETF industry into lower cost providers.

ETPs saw a similar pattern, with the top ten ETP inflows totalling $219.5 million.

Japanese listed ETFs/ETPs ended 2017 on a high, accumulating $4bn in net inflows for December after positive flows in the previous month. Equity ETF/ETP inflows of $4.2bn accounted for the bulk of the month’s net inflows, while fixed income products saw $2m in outflows.

Over the year, equity ETF/ETP net inflows of $54.3bn significantly outweighed fixed income, with $95m.

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