Equity long/short investment has often been considered the "standard" hedge fund strategy. It is still the one that is most common among hedge funds and is generally investors' first option when wishing to test the waters of the hedge fund market.
For the year to date it is one of the best-performing strategies, with a return of 9.25 per cent, according to figures from Credit Suisse Tremont. This is ahead of the 7.86 per cent average return for hedge funds across all strategies and beats the 6 per cent year-to-date return on the S&P 500 index.
