## Coming Soon: Global Financial Stability Report, October 2026

_Global Financial Stability Report_

## Source details

**Canonical URL:** [Coming Soon: Global Financial Stability Report, October 2026](https://www.imf.org/en/publications/gfsr/issues/2026/10/13/global-financial-stability-report-october-2026)

## Other formats

- [Markdown version](/en/publications/gfsr/issues/2026/10/13/global-financial-stability-report-october-2026/index.md)
- [Structured JSON version](/en/publications/gfsr/issues/2026/10/13/global-financial-stability-report-october-2026/index.json)
- [Bundle manifest](/en/publications/gfsr/issues/2026/10/13/global-financial-stability-report-october-2026/bundle-manifest.json)

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### Overview and launch schedule
- The IMF’s October 2026 Global Financial Stability Report will publish analytical chapters on October 6 and October 8, followed by Chapter 1 on October 13 during the 2026 Annual Meetings in Bangkok, Thailand.
- Release dates and times:
  - Tuesday, October 6 at 10:15 AM ET — Chapter 3: Scaling Tokenization: New Efficiencies, New Vulnerabilities
  - Thursday, October 8 at 2:00 PM KST (1:00 AM ET) — Full Report: Resilience, Risk, and Transformation; Chapter 1: Beneath the Resilience: Rising Risks, Unresolved Vulnerabilities
  - Tuesday, October 13 at 10:15 AM ICT (Monday, October 12 at 11:15 PM ET) — Chapter 1 launch during the 2026 Annual Meetings in Bangkok, Thailand
- Publications, videos, and related resources will be made available as they are released.

### Chapter 2 — Hedge Funds and Financial Stability: key findings
- Hedge funds have become increasingly important participants in global financial markets while remaining relatively small within nonbank finance.
- Global hedge fund assets now total about $13 trillion, more than three times their 2013 level.
- Hedge funds face relatively few constraints on investment strategies and borrowing, enabling rapid adjustment of exposures across markets.
- In calm times, hedge funds can:
  - Support market liquidity
  - Improve price discovery
  - Facilitate risk sharing
- In periods of stress, vulnerabilities include:
  - Leverage-driven pressures
  - Crowded positions
  - Correlated investor redemptions leading to synchronized deleveraging and asset sales
  - Increased volatility and strains on market liquidity
  - Spillovers to prime brokers and magnified global risk shocks in markets with larger hedge fund footprints, especially where liquidity is thin

### Policy implications and recommendations from Chapter 2
- Strengthen data collection for systemwide risk assessments to better capture hedge fund footprints and linkages.
- Design prudential measures calibrated to the nature and source of hedge fund vulnerabilities.
- Complement prudential measures with credible central bank backstops to address severe dysfunctions in core markets.

### Event speakers for Chapter 2 discussion
- Discussant: Prof. Christian Lundblad, UNC Kenan-Flagler Business School
- Andrea Deghi, Senior Financial Sector Expert, MCM, IMF
- Taneli Mäkinen, Senior Financial Sector Expert, MCM, IMF
- Moderator: Prof. Valentina Bruno, American University

---

## Content in this bundle

- [Ch2data (XLSX)](/-/media/files/publications/gfsr/2026/october/data/ch2data.xlsx){rel="external" type="application/vnd.openxmlformats-officedocument.spreadsheetml.sheet"}
- **Chapter 2**
  - [Chapter 2 (Markdown version)](/-/media/files/publications/gfsr/2026/october/english/ch2.pdf.md){rel="alternate" type="text/markdown"}
  - [Chapter 2 (PDF)](/-/media/files/publications/gfsr/2026/october/english/ch2.pdf){rel="external" type="application/pdf"}
- **Microsoft Word - October 2026 GFRS Chapter 2 - Annex**
  - [Microsoft Word - October 2026 GFRS Chapter 2 - Annex (Markdown version)](/-/media/files/publications/gfsr/2026/october/english/ch2annex.pdf.md){rel="alternate" type="text/markdown"}
  - [Microsoft Word - October 2026 GFRS Chapter 2 - Annex (PDF)](/-/media/files/publications/gfsr/2026/october/english/ch2annex.pdf){rel="external" type="application/pdf"}
- [Infographic (PDF)](/-/media/files/publications/gfsr/2026/october/english/ch2infographic.pdf){rel="external" type="application/pdf"}
- **Summary**
  - [Summary (Markdown version)](/-/media/files/publications/gfsr/2026/october/english/ch2sum.pdf.md){rel="alternate" type="text/markdown"}
  - [Summary (PDF)](/-/media/files/publications/gfsr/2026/october/english/ch2sum.pdf){rel="external" type="application/pdf"}
- **Summary in Thai**
  - [Summary in Thai (Markdown version)](/-/media/files/publications/gfsr/2026/october/thai/ch2sum.pdf.md){rel="alternate" type="text/markdown"}
  - [Summary in Thai (PDF)](/-/media/files/publications/gfsr/2026/october/thai/ch2sum.pdf){rel="external" type="application/pdf"}

---

## References

- [Previous Issues](https://www.imf.org/en/publications/gfsr)
- [Blog](https://www.imf.org/en/blogs/articles/2026/10/06/hedge-funds-improve-market-functioning-but-can-also-amplify-stress)

_Source: https://www.imf.org/en/publications/gfsr/issues/2026/10/13/global-financial-stability-report-october-2026_