The sum invested in listed exchange-traded funds and exchange-traded products (ETFs and ETPs) in Japan hit $295 billion in January – a record.
Assets rose nearly 7% during the month, the largest monthly increase in a year and a half, according to the data from financial research firm ETFGI.
“The majority of these flows can be attributed to the top 20 ETFs/ETPs by net new assets, which collectively gathered $6.7 billion in January 2018,” said a statement from the company.
Japan is by far the largest ETF and ETP market in the Asia-Pacific region. ETFs and ETPs in the rest of the region contained a combined $170 billion at the end of December, according to ETFGI data.
Over the past ten years, ETF and ETP assets in Japan have grown by an average of 23% a year.
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