Taiwan Active ETFs Approach 兆元, Taiwan-Equity Funds Account for Over Eighty Percent
According to the latest statistics from the Securities Investment Trust and Consulting Association and Morgan Asset Management, as of the end of September this year, total Taiwan actively managed ETF assets reached 9947億元, approaching the NT$ 兆元 mark. Total assets increased from 9615億元 at the end of June this year, up about 3.5% quarter-on-quarter. Among them, Taiwan equity products totaled 8268億元, accounting for about 83%, still highly concentrated in Taiwan stocks, up 3.27% quarter-on-quarter, firmly remaining the market leader. Overseas equity products remained at the high level of 1432億元, showing continued cross-market allocation demand.
Cross-Border Bonds Up Nearly 40% in a Quarter, Capital Moves Beyond Comfort Zone
Looking at changes in the second half of this year, the most notable momentum is in cross-border bond products. Assets rose from 178億元 at the end of June to 248億元 at the end of September, a quarterly growth rate as high as 39.33%. Compared with the steady growth of Taiwan-equity products, the increase in cross-border bond products stands out, reflecting that domestic investors in actively managed ETF selection have gradually moved beyond their comfort zone, extending their focus to overseas equities and fixed-income markets in search of broader asset allocation and diversification of single-market risk.
Global ETFs Top 16.3兆美元, Developed Markets Become New Favorites
The global ETF market continues to grow rapidly, with U.S. assets officially topping 16.3兆美元 at the end of September this year, surging more than 130% from the 7兆美元 level in 2024. In terms of fund flows, the U.S. market remains the core magnet, attracting US$339億 in net inflows in September alone. European, Japanese and other developed markets rapidly gained favor, with monthly net inflows climbing from 176億美元 in June to 224億美元 in September, up as much as 27%. In contrast, emerging markets attracted only 13億美元 in net inflows in September, with momentum clearly cooling, as global capital undergoes a major reshuffle.
Active Strategies Rise, Global Layout Becomes the Trend
Morgan Asset Management analyzes that the rapid growth of the ETF market reflects not only more products, but a comprehensive evolution in how investors use ETFs. In the past investors mostly focused on passive products tracking broad market indexes, and now actively embrace diverse strategies such as actively managed ETFs, meeting both asset-growth and cash-flow income needs through global layouts. With the U.S. market continuing to lead, and mature markets such as Europe and Japan growing in importance, investors' asset allocation is accelerating from single-market to global, ushering in a new era of multi-point growth.