Asia-listed ETFs suffer sharp sell-off in March
iShares takes the most net new money into its Asia-Pacific ex-Japan-listed exchange-traded funds in the first quarter, at the expense of firms such as Polaris and State Street Global Advisors.
Exchange-traded funds listed in Asia-Pacific ex-Japan saw net outflows of $604 million in March, resulting in $486 million in first-quarter net redemptions for the region's ETF industry.
That compares to ETFs globally taking in a net $58.7 billion in the same period, well up on the $38.7 billion in Q1 2011, according to research firm ETF Global Insight (ETFGI). This suggests Asia-based investors continue to prefer to buy ETFs listed outside their home region.
BlackRock’s iShares…
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