SURVEY

Hedge funds face sweeping changes to remote working and office space, as firms review footprint

Hedge funds face sweeping changes to remote working and office space, as firms review footprint

Most US hedge funds and other alternative managers expect to return to work before year-end, but a majority predict sweeping changes to work-from-home policies and office layouts, with close to a third of New York-based managers mulling a reduction in office space, a deep-dive industry study by Seward & Kissel has found.

COMMENT

The “locusts” were the canaries in the coal mine (again): Hedge fund short-sellers vindicated as Wirecard blow-up jolts Germany

The “locusts” were the canaries in the coal mine (again): Hedge fund short-sellers vindicated as Wirecard blow-up jolts Germany

There is precious little to celebrate in the precipitous collapse of Wirecard, the German payments group whose shares have lost 90 per cent in a matter of days amid what now appears to be incontrovertible evidence of a massive and sustained fraud involving at least EUR2 billion of ‘missing’ cash.

hedgeweekLIVE NORTH AMERICA

hedgeweekLIVE North America: Pandemic lockdown is accelerating hedge fund outsourcing trends

hedgeweekLIVE North America: Pandemic lockdown is accelerating hedge fund outsourcing trends

The trend towards outsourcing – a continually evolving sphere within the global hedge fund industry – is likely to have been further accelerated by the coronavirus pandemic, as managers embrace the ‘digital-first’ approach brought about by the coronavirus lockdown, speakers at this year’s hedgeweekLIVE North America digital summit said.