ETFGI reports that assets invested in ETFs and ETPs listed in Japan reached a new record high of US$415.70 billion at the end of May 2020
LONDON — June 18, 2020 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that ETFs and ETPs listed in Japan gathered net inflows of US$7.60 billion during May, bringing year-to-date net inflows to US$41.51 billion a record level of year to date net inflows. Assets invested in the Japanese ETFs/ETPs industry have increased by 8.8%, from US$382.21 billion at the end of April, to US$415.70 billion at the end of May to reach a new record high, according to ETFGI's May 2020 Japanese ETFs and ETPs industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
- Assets invested in ETFs and ETPs listed in Japan reached a new record of $415.70 billion at the end of May.
- Year-to-date net inflows of $41.51 Bn are the highest on record
- Bank of Japan owns $293 billion or 70.43% of the assets invested in ETFs/ETPs listed in Japan.
“The S&P 500 gained 4.8% in May and remains only 5.0% down from its level at the beginning of the year, as markets anticipated relief from a COVID-19-driven economic slowdown. Developed markets outside the U.S. were also up 4.8% for the month with Sweden (up 9.9%) and Germany (up 9.2%) the top performers, while Hong Kong (down 7.7%), was the only market to be down for the month due to recent political turmoil. Emerging markets lagged during the month, gaining 1.3% as the economic impact of virus shutdowns remains somewhat more uncertain compared to developed regions.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.
Japan ETF and ETP asset growth as at the end of May 2020
At the end of May 2020, the Japanese ETFs/ETPs industry had 211 ETFs/ETPs, with 245 listings, from 19 providers on
2 exchanges.
Equity ETFs/ETPs listed in Japan gathered net inflows of $7.53 Bn during May, bringing net inflows for the year to $36.09 Bn, which is higher than the $18.19 Bn in net inflows equity products had at this point in 2019. Commodity ETFs/ETPs listed in Japan gathered net inflows of $171 Mn during May, bringing net inflows for the year to $2.14 Bn, much higher than the $64 Mn in net outflows commodity products had YTD in 2019. Fixed Income ETFs/ETPs listed in Japan saw net inflows of $100 Mn during May 2020, taking net outflows for the year to May 2020 to $71 Mn, lower than the $58 Mn in net inflows Fixed Income products attracted at this point in 2019.
At the end of May 2020, the Bank of Japan held ETFs/ETPs assets of $293 Bn. During May 2020, Bank of Japan purchased ETF/ETP assets to the value of $4 Bn.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $9.53 Bn during May, the TOPIX Exchange Traded Fund (1306 JP) gathered $3.75 Bn alone.
Top 20 ETFs by net new assets May 2020: Japan
Name |
Ticker |
Assets |
NNA |
NNA |
TOPIX Exchange Traded Fund |
1306 JP |
108,781 |
14,050 |
3,746 |
Daiwa ETF TOPIX |
1305 JP |
51,499 |
6,958 |
1,774 |
Listed Index Fund TOPIX |
1308 JP |
49,564 |
7,221 |
1,504 |
MAXIS TOPIX ETF |
1348 JP |
14,245 |
2,010 |
432 |
NEXT NOTES Nikkei TOCOM Leveraged Crude Oil ETN - Acc |
2038 JP |
1,305 |
1,282 |
392 |
NEXT FUNDS Nikkei 225 Double Inverse Index Exchange Traded Fund - Acc |
1357 JP |
2,462 |
(86) |
358 |
iShares Core TOPIX ETF |
1475 JP |
3,240 |
609 |
269 |
MAXIS NIKKEI225 ETF |
1346 JP |
13,188 |
41 |
256 |
NEXT FUNDS JPX-Nikkei Index 400 Exchange Traded Fund |
1591 JP |
7,913 |
620 |
98 |
Simplex WTI Crude Oil Price Linked ETF |
1671 JP |
1,067 |
1,167 |
92 |
NEXT FUNDS NOMURA Crude Oil Long Index Linked ETF |
1699 JP |
785 |
973 |
85 |
NEXT FUNDS Nikkei 225 Inverse Index ETF |
1571 JP |
676 |
401 |
82 |
iShares Core Japan Government Bond ETF |
2561 JP |
81 |
81 |
77 |
Simplex - Nikkei Average Bear Double Exchange Trade Fund - Acc |
1360 JP |
382 |
(24) |
67 |
NZAM ETF Nikkei 225 |
2525 JP |
715 |
187 |
62 |
NZAM ETF TOPIX |
2524 JP |
574 |
233 |
54 |
MAXIS JPX-Nikkei Index 400 ETF |
1593 JP |
3,802 |
130 |
51 |
NEXT FUNDS Tokyo Stock Exchange REIT Index ETF |
1343 JP |
3,029 |
310 |
48 |
One ETF TOPIX - Acc |
1473 JP |
1,817 |
68 |
43 |
Daiwa ETF Tokyo Stock Exchange REIT Index - Acc |
1488 JP |
1,155 |
250 |
38 |
Investors have tended to invest in Equity ETFs/ETPs during May.
Contact deborah.fuhr@etfgi.com if you have any questions or comments on the press release or ETFGI events, research or consulting services.
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Speakers include:
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- Jeffrey B. Baccash, Director, Global Head of ETF Solutions, BNP Paribas Securities Services
- Kevin R. Gopaul, Global Head, Exchange Traded Funds, BMO Global Asset Management
- Eric M. Pollackov, Global Head of ETF Capital Markets, Invesco Ltd.
- Deborah Fuhr, Managing Partner and Founder, ETFGI
- Dan McCabe, Chief Executive Officer, Precidian Investments
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