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Aon Retirement and Investment Blog

Equity: Make sure you’re wearing shorts when the tide goes out

We have just passed the eighth anniversary of the nadir of equity markets post the Global Financial Crisis (“GFC”) in March 2009. This milestone comes on the back of another year where the S&P 500 surged up over 10%, many active equity managers disappointed (both long only and long/short), and investors piled into passive equity funds at the expense of actively managed funds. Given these conditions, we believe it is worth providing an update on the performance of and the outlook for long/short equity strategies.

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