Tass reports HF popularity

Long/short equity hedge funds are the most popular, according to figures produced by TASS. The sector attracted the greatest assets by a substantial margin of all hedge fund categories with a net of $1.75bn in the fourth quarter and a total of $12.4bn recorded for the year. Event driven funds were the second most popular hedge fund category for the fourth quarter and year, adding a net $1.5bn and $3.59bn respectively.

Convertible arbitrage, which was the best performing hedge fund category fo