Asia Pac ETF assets up by 10.9% to US$59.0 Bn in May

In 2011 YTD, the number of ETFs increased by 29.5% with 59 new ETFs launched.

In an industry review by BlackRock, at the end of May 2011, the Asia Pacific (ex-Japan) ETF industry had 259 ETFs with 371 listings and assets of US$59.0 Bn, from 65 providers on 13 exchanges. This compares to 177 ETFs with 278 listings and assets of US$47.8 Bn, from 60 providers on 13 exchanges at the end of May 2010.

YTD, through end of May 2011, assets have increased by 10.9% from US$53.3 Bn to US$59.0 Bn, greater than the 2.9% increase in the MSCI AC Asia Pacific ex-Japan Index in US dollar terms. This compares to an increase in assets of 22.7% over the same period in 2010.

In 2011 YTD, the number of ETFs increased by 29.5% with 59 new ETFs launched. This compares to a 34.1% increase over the same period in 2010, when 47 new ETFs launched. In the first five months of 2011, the ETF average daily trading volume in US dollars increased by 4.0% to US$0.8 Bn in May 2011. This compares to an average daily trading volume of US$1.0 Bn in May 2010.

State Street Global Advisors is the largest ETF provider in terms of assets with US$13.3 Bn, in 11 ETFs, reflecting 22.6% market share; iShares is second with 19 ETFs, assets of US$10.2 Bn, and 17.2% market share; followed by HSBC/Hang Seng with eight ETFs, assets of US$7.4 Bn and 12.5% market share at the end of May 2011.

Additionally, there were 26 other ETPs with 29 listings and assets of US$2.2 Bn from 16 providers on five exchanges. This compares to 13 ETPs with 16 listings and assets of US$1.0 Bn from nine providers on five exchanges at the end of May 2010.