EM, commodity hedge funds fall out of favour

Emerging-market hedge funds have fallen out of favour, with long/short equity cementing its dominance among investors, particularly in Asia, according to a new Credit Suisse survey. This compares to a investor poll conducted by the bank at the end of 2012, which put EM equity as the second most sought-after strategy, after long/short and ahead of event-driven.                The three most favoured strategies are now long/short equity fundamental, event-driven and macro, indicat…