DB Index Research -- Weekly ETF Market Review -- Asia-Pacific
June 14, 2010--Highlights
Market Overview
There are 219 equity based ETFs in the Asia Pacific region with 307 listings across 12 countries and 15 exchanges. Japan has the largest market share by AUM accounting for 41.44% of the whole market, whilst China has the largest market share by turnover with 38.96%.
KOSEF Mid Cap Pure Value ETF, listed on Korean Stock Exchange since Jul 07, was de-listed due to insufficient assets.
Turnover
Monthly average daily turnover declined 12.8% in the last week. Turnover for the previous week was USD 1021m. The largest ETF by turnover was the iShares Asia Trust - iShares FTSE/Xinhua A50 China Tracker issued by BlackRock with USD 204m accounting for 19.9% of total turnover.
Assets Under Management
AUM rose 2.1% in the previous week. AUM as of June 11th was USD 60.4 bn. The largest ETF by AUM is the iShares Asia Trust - iShares FTSE/Xinhua A50 China Tracker managed by BlackRock with AUM of USD 6.3bn.
To request a copy of the report
4 Commodity ETFs to be Listed (Mitsubishi UFJ Trust and Banking Corporation)
June 14, 2010--Today, Tokyo Stock Exchange, Inc. (TSE) approved the listing of 4 spot commodity ETFs (Gold, Platinum, Silver and Palladium), managed by Mitsubishi UFJ Trust and Banking Corporation. They will be listed on Friday, July 2, 2010.
Code | Name | Trading Unit | Underlying Index?(current price)?*Note |
1540 (ISIN JP3047190008? | Japan Physical Gold ETF | 1 unit | Gold bullion |
1541 (ISIN JP3047200005) | Japan Physical Platinum ETF | 1 unit | Platinum bullion |
1542 (ISIN JP3047210004) | Japan Physical Silver ETF | 1 unit | Silver bullion |
1543 (ISIN JP3047220003) | Japan Physical Palladium ETF | 1 unit | Palladium bullion |
(*)Note: The underlying index price is the current price (theoretical price) calculated based on futures price at the Tokyo Commodities Exchange.
These domestically created spot commodity ETFs are backed by physical commodities and will be the first of its kind to be listed in Japan. Its underlying commodities are held domestically and investors will be able to redeem the ETFs in exchange for the physical commodity.
With these listings, there will be a total of 92 ETFs listed on the Tokyo market, bringing us closer to the goal of 100 listed ETFs by the end of fiscal year 2010, as laid out in the Medium-Term Management Plan. The TSE will continue working to diversify the ETF market and improve the convenience of our market for all investors.
Britain's Standard Chartered lists in Mumbai
June 11, 2010--British bank Standard Chartered's Indian Depository Receipts (IDRs) traded close to their offer price in debut trading on the Mumbai stock exchange on Friday, in the first issue of its kind.
The bank, which makes most of its profits in Asia, last month raised 530 million dollars through the pioneering sale of IDRs.
IDRs are rupee-denominated certificates similar to US Depository Receipts that show ownership of shares in an overseas firm, with every 10 IDRs representing one Standard Chartered share.
Foreign companies are not allowed to list shares directly in India.