Net new ETP assets sink in Asia, but soar for EM

Asia’s exchange-traded product (ETP) industry saw a drop in net new asset flow last month, even as emerging market ETPs recorded their best ever start to a year. A net $588 million in assets exited ETPs – including exchange-traded funds – listed in Asia (ex-Japan) last month, compared with inflows of $809 million in January, finds Deborah Fuhr’s independent consultancy ETF Global Insight. That makes a net inflow of $221 million this year. Yet emerging market equity ETPs attracte…