Asia ETPs hit YTD high; US less positive

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The Asian exchange-traded product (ETP) market had inflows of $4bn during August, the record for monthly inflows so far this year.

August was the fourth month in a row with inflows or more than $2bn. Despite volatility in the equity markets throughout the month, the majority of the inflows were in equity ETFs ($3.8bn), with Asia Pacific developed country ETFs, leveraged and short ETFs seeing the majority of that. Emerging country ETFs had outflows. Gold exchange-traded products (ETPs) had inflows of $167mn during August, helped by falling markets. At the end of the month, markets in Asia had risen on the previous week, with the exception of China -the CSI 300 was down 3.36% from the previous week. As the marke...

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