Investors put billions into old-school stockpicking hedge funds. Here's why long-short equity strategies are back in style.

1. Long-short equity funds raised $22.8 billion in net inflows last quarter. 2. Hedge funds show renewed investor trust after significant drawdowns since 2022. 3. Stockpickers like Tiger Global adjusted strategies post-2022 losses to attract capital. 4. The S&P 500 experienced down trends while stockpicking funds remained flat. 5. Net capital outflow from stockpicking funds totals $83.8 billion over nine quarters.