Years of an unrelenting bull market and passive investing dominance has brought hard times for long-short equity hedge funds, which have seen their fees squeezed and assets flee. Now, in the midst of the coronavirus pandemic, hedge-fund allocators and consultants say that there's renewed interested in this flavor of hedge fund, especially after quants struggled to keep up with the market turbulence in March. "Fundamental managers are able to act quickly in the new COVID environment," said Julie Lauer Wurster, a due diligence analyst for London-based Albourne Partners. Visit Business Insider's homepage for more stories.