Europejski Urząd Nadzoru Giełd i Papierów Wartościowych (European Securities and Markets Authority - ESMA), Koszty i wyniki detalicznych produktów inwestycyjnych w UE w 2023 r.

18 December 2023

ESMA50-524821-3052

ESMA Market Report

Costs and Performance of EU Retail Investment Products 2023

Executive summary

Our 2023 ESMA Market Report on the Costs and Performance of EU Retail Investment Products provides an overview of key developments up to the end of 2022, a year characterised by elevated inflation and subdued returns. Similarly to previous editions, this year’s analysis covers Undertakings for Collective Investment in Transferable Securities (UCITS), retail Alternative Investment Funds (retail AIFs), and Structured Retail Products (SRPs). Compared with the previous edition, we provide a more in-depth analysis of equity UCITS costs and performance by strategy and for the first time a preliminary analysis of AIF costs. Improvements in data availability continue, but significant data issues persist. For UCITS, entry and exit costs are still subject to limitations, while no data is avalable for distribution costs. In case of AIFs, the information on costs is very...