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FR01/2022 IOSCO Investment Funds Statistics Report

IOSCO Investment Funds Statistics Report The Board OF THE INTERNATIONAL ORGANIZATION OF SECURITIES COMMISSIONS FR01/2022 JANUARY 2022 ii Copies of publications are available from: The International Organization of Securities Commissions website International Organization of Securities Commissions 2022. All rights reserved. Brief excerpts may be reproduced or translated provided the source is stated. iii Contents Chapter Page Executive Summary 1 1 Introduction 2 2 Methodology of the IOSCO Investment Funds Statistics Report 6 Scope 6 Methodology 6 Survey comparability and interpretation 8 3 Hedge Funds Industry Analysis 10

Investment Strategy 13 Investment Exposures 15 Leverage 25 Collateral, Unencumbered Cash and Cleared trades 28 Liquidity 29 4 Open-ended Funds Industry Analysis 31 The Global Open-ended Funds Industry 31 Assets Under Management and Investment Strategy 32 Investment Exposures 32 Leverage 36 Collateral, Unencumbered Cash and Cleared trades 37

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