Hedge Funds Plan Extreme Lengths to Protect Staff After Lockdown
- Money managers may go further than the measures at giant banks
- Some may abandon offices. Others tackle the restroom conundrum
Photographer: Moh el Sasaky/AFP via Getty Images
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One hedge fund may shut an office in Asia permanently and have employees work from home. Another may dramatically shrink its Manhattan headquarters.
Meanwhile, industry titan Millennium Management has a 50-point checklist for reopening offices that includes air filtration and an application process for staff who want to come in. Around town, rivals are discussing procuring infrared temperature scanners for entryways and plexiglass dividers to slide between desks.