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Man Group, the world’s largest hedge manager, ordered the London -based QUANTS to the office temporarily to the office five days a week in a period of weak performance.
Man ahl told the company’s leading systematic investment arm that the employees are now expecting the daily attendance of the office from its team.
The change applies to about 150 people in London-a little less than 10 percent of the total number of 1700 employees in the group of 1700 employees worldwide-and covers the three-month period from May to the end of July.
“The AHL man from his employees in London has asked the office five days a week for a period of three months to support the” All Hands on Deck “research project,” said Man Group.
He added: “Although these crosses are rare, the experiment has shown that a period of personal cooperation that focuses greatly allows great progress in research in a relatively short period of time.” “The company’s broader grace policy is still unchanged.”
The guidance is a change in the position of the asset manager 172.6 billion dollars. Man Group looked at her culture in flexible work arrangements, including work from home, as a competitive advantage.
A person familiar with the situation said: “You cannot imagine how bad this is with Quants,” said a person familiar with the situation. “Mood is bad.”
The situation varies according to the role. But on average, the employees tend to be in the office three days a week, according to another person who is aware of the situation.
Man Group’s efforts are across the team, as the AHL hedgeboards, such as AHL, have suffered great losses this year.
The market fluctuations that resulted in the American trade war, Donald Trump, have made one of its main strategies-in an attempt to contact the continuous-difficult market trends, as the markets fluctuated in different directions.
Man Group’s Ahl is one of the tallest systematic hedge fund managers. Its leading institutional strategy in the institutional direction, the AHL Alpha program, lost 10 percent so far this year, and rose by only 3.2 percent in 2024.
Despite the efforts she made long ago to diversify the broader AHL business, the Man Group share remains closely related to the performance of her quantitative works due to the high fees she wears. The company’s shares have lost a third of its value in the past 12 months.
Man Group is the latest financial services group to tighten flexible work policies. Last month, financial times revealed that Blackrock, the world’s largest asset manager, was Tell the employees It is expected that about 1,000 administrative managers worldwide are full of full -time office.
Other large financial institutions such as JPMorgan also reduced flexible work policies, as the American bank in January requested more than 300,000 employees to return to the office five days a week.
Jimmy Damon, CEO of JPMorgan, was one of the most vocal opponents of the culture of work from home, who said, “Do not work for young people … do not work for management … do not work for innovation.”
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