The International Organization of Securities Commissions (IOSCO) published today its 2025 Investment Funds Statistics Report (IFSR) and updated its associated Dashboard.
The IFSR is the only publicly available dashboard to aggregate both public and private investment fund types on a global level. It presents aggregated information submitted by IOSCO members to provide a global overview of the size, composition, and risk characteristics of investment funds. The report covers hedge funds, open-ended funds, and closed-ended funds, drawing on regulatory data collected through existing reporting frameworks and publicly available data, for 2024.
This fourth edition of the IFSR reflects submissions from a broad set of jurisdictions and captures a substantial share of global investment fund activity. The report contains information from 38 IOSCO member jurisdictions for the 2024 reporting year and encompasses 128,389 funds representing USD 72.6T in global aggregate net asset value (NAV) and ~85% of the global investment funds industry.
While reporting coverage varies by fund type and jurisdiction, the data provides meaningful insight into trends in fund numbers, NAV, investment strategies, geographical investment focus, asset-class exposures, derivatives usage, leverage, liquidity risk, and counterparty risk.
Overall, the data indicates continued growth in aggregate NAV across major fund types in 2024, alongside relatively stable risk profiles. Borrowing and leverage remain lower for open-ended and closed-ended funds than for hedge funds. Investment activity remains concentrated in a small number of jurisdictions and asset classes, with notable differences in strategy and risk characteristics across fund types.
“This fourth edition of the Investment Funds Statistics Report (IFSR) covers more jurisdictions than ever before. One of a kind, it provides a consistent, high-level overview of the global investment funds industry, with a particular focus on leverage, liquidity risk, and counterparty risk, to inform investors and interested stakeholders. Its associated dashboard facilitates the visualisation of data and sheds light on meaningful trends.”
– Jean-Paul Servais, IOSCO Board Chair
