Record levels of assets were also reached at the end of June for ETFs/ETPs listed globally at US$3.177 trillion, in the United States at US$2.256 trillion, and in Canada with US$79.42 billion.
At the end of June 2016, the Japanese ETF/ETP industry had 177 ETFs/ETPs, with 232 listings, assets of US$148 Bn, from 21 providers listed on 2 exchanges.
Exclusive: York Capital to wind down European funds, spin out Asian funds
York Capital Management has decided to focus on longer-duration assets like private equity, private debt and collateralized loan obligations. The firm also plans to wind down its European hedge funds and spin out its Asian fund. Q3 2020 hedge fund letters, conferences and more York announces structural and operational changes York Chairman and CEO Jamie Read More
“Markets and investors around the world were engulfed in the chaos following what many saw as the unexpected result of the UK’s June 23rd vote. Volatility was up significantly during the month. The S&P 500 index was up just 0.3%. Emerging markets were up 3.94% while developed markets ex-US declined 2.87%.There is still uncertainty in the markets due to questions on when and how Brexit changes will be implement and the many changes happening in UK political parties” according to Deborah Fuhr, managing partner at ETFGI.
In June 2016, ETFs/ETPs listed in Japan gathered net inflows of US$4.90 Bn. Equity ETFs/ETPs gathered the largest net inflows with US$3.56 Bn, followed by fixed income ETFs/ETPs with US$14 Mn, while commodity ETFs/ETPs experienced net outflows of US$25 Mn.
YTD, ETFs/ETPs have seen net inflows of US$16.50 Bn which is below the US$ 17.90 Bn gathered at this point in 2015. Equity ETFs/ETPs gathered the largest net inflows YTD with US$14.24 Bn, followed by fixed income ETFs/ETPs with US$41 Mn, and commodity ETFs/ETPs with US$21 Mn.
Nomura AM gathered the largest net ETF/ETP inflows in June with US$2.14 Bn, followed by Daiwa with US$1.09 Bn and Nikko AM with US$1.04 Bn net inflows.
YTD, Nomura AM gathered the largest net ETF/ETP inflows YTD with US$7.47 Bn, followed by Nikko AM with US$3.43 Bn and Daiwa with US$2.69 Bn net inflows.
Please visit our website www.etfgi.com to register for future updates and to find ETFGI Press Releaseson ETF/ETP industry trends, daily postings of some of the top articles from financial publications around the world in the Industry News tab, details of upcoming Events, monthly videos on industry trends inViews, our twitter feed @etfgi, and to use our directory of firms in the ETF Ecosystem. You are invited to join our group “ETF Network” on Linkedin. Please contact [email protected] if you would like to discuss subscribing to ETFGI’s research or consulting services.