Europejski Urząd Nadzoru Giełd i Papierów Wartościowych (European Securities and Markets Authority - ESMA), Europejskie inwestycje alternatywne. Roczny raport statystyczny ESMA

3 February 2022

ESMA50-165-1948

EU Alternative Investment Funds

ESMA Annual Statistical Report 2022

Executive summary

Market structure and developments

The EU Alternative Investment Funds (AIF) market: The size of the EU AIF universe (using data from the 30 members of the European Economic Area, EEA30) continued to expand to reach EUR 5.9tn in net asset value (NAV) at the end of 2020, an 8% increase from 2019. The growth of the AIF market results from the launch of new AIFs in 2019 and positive valuation effects. Overall, AIFs accounted for one-third of the EEA30 fund industry at the end of 2020. Among AIF types, Funds of Funds (FoFs) account for 15% of the NAV, followed by Real Estate (RE) funds (13%), Private Equity (PE) funds (5%) and Hedge Funds (HFs) (2%). The small share of HFs compared with 2019 is explained by the fact that UK data have not been included (see editorial note for an explanation of Brexit implications for this report), while in 2019 UK AIFs accounted for 75% of HFs...