Equity long/short inflows positive despite tough year for industry

Europe, Australasia, Far East drove long/short fund returns in 2015

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Investor interest in hedge fund equity strategies last year declined from 2014, which was a general trend across the industry as overall asset growth ended the year nearly 50% below 2015 levels. Having said that, consistently positive inflows have been difficult for the universe to come by since the financial crisis, so a second consecutive year of positive investor sentiment could be considered a small win.

As of December 2015 and across all equity strategies, total assets under management (AUM