This article is from the source 'guardian' and was first published or seen on . The next check for changes will be

You can find the current article at its original source at https://www.theguardian.com/business/2025/jun/06/hedge-fund-orders-london-based-analysts-back-to-office-five-days-a-week

The article has changed 2 times. There is an RSS feed of changes available.

Version 0 Version 1
Hedge fund orders London-based analysts back to office five days a week Hedge fund orders London-based analysts back to office five days a week
(31 minutes later)
Man Group’s temporary move comes as it tries to recover from spell of poor performance amid Trump tariff warMan Group’s temporary move comes as it tries to recover from spell of poor performance amid Trump tariff war
Man Group has ordered its London-based analysts to return temporarily to the office five days a week, as the world’s biggest listed hedge fund seeks to recover from a period of poor performance sparked by Donald Trump’s tariff war. Man Group has ordered its London-based analysts to return temporarily to the office five days a week, as the world’s biggest listed hedge fund seeks to recover from a period of poor performance amid Donald Trump’s tariff war.
Quantitative analysts working at Man AHL, the company’s computer-run fund that aims to identify and follow momentum in markets, have been told they are expected to be in its offices daily until the end of July as part of an “all hands on deck” project.Quantitative analysts working at Man AHL, the company’s computer-run fund that aims to identify and follow momentum in markets, have been told they are expected to be in its offices daily until the end of July as part of an “all hands on deck” project.
The edict applies to about 150 staff in London, just under 10% of the overall group’s 1,700 global employees, the Financial Times reported.The edict applies to about 150 staff in London, just under 10% of the overall group’s 1,700 global employees, the Financial Times reported.
“Man AHL has asked its staff in London to work in the office five days a week for a three-month period to support an ‘all hands on deck’ cross-team research project,” the company said. “While these cross-team initiatives are infrequent, experience has shown that a period of highly focused, in-person collaboration allows significant research progress to be made in a relatively short amount of time.”“Man AHL has asked its staff in London to work in the office five days a week for a three-month period to support an ‘all hands on deck’ cross-team research project,” the company said. “While these cross-team initiatives are infrequent, experience has shown that a period of highly focused, in-person collaboration allows significant research progress to be made in a relatively short amount of time.”
The company, which has been a champion of flexible working arrangements including working from home, said that its “broader agile working policy remains unchanged”.The company, which has been a champion of flexible working arrangements including working from home, said that its “broader agile working policy remains unchanged”.
Employees tend to be in the office three days a week, on average. However, this varies by role. Employees tend to be in the office three days a week, on average but this varies by role.
Trump’s destabilising tariff war has resulted in significant volatility in global markets, which has made it difficult for computer-based funds such as AHL to predict market trends. Trump’s destabilising tariff war has caused significant volatility in global markets, which has made it difficult for computer-based funds such as AHL to predict market trends.
The company’s most recent financial statement showed that the start of Trump’s trade war in April wiped out all of the assets under management gains made by Man Group in the first quarter. The company’s most recent financial statement showed that the start of Trump’s trade war in April wiped out all the group’s assets under management gains of the first quarter.
Its holdings were up $4bn (£3bn) in the first three months of the year but plummeted by $5.6bn in the first two weeks of April.Its holdings were up $4bn (£3bn) in the first three months of the year but plummeted by $5.6bn in the first two weeks of April.
The AHL Alpha programme, Man’s institutional trend-following strategy, has lost 10% so far this year. Man Group’s share price is down more than 30% over the past year.The AHL Alpha programme, Man’s institutional trend-following strategy, has lost 10% so far this year. Man Group’s share price is down more than 30% over the past year.
Man Group is the latest major financial services company to revisit its flexible working policies. Man Group is the latest major financial services company to revisit its flexible working policies. Last month, BlackRock, the world’s biggest asset management company, told its approximately 1,000 managing directors globally that they were expected to work from the office full time.
Sign up to Business TodaySign up to Business Today
Get set for the working day – we'll point you to all the business news and analysis you need every morningGet set for the working day – we'll point you to all the business news and analysis you need every morning
after newsletter promotionafter newsletter promotion
Last month, BlackRock, the world’s biggest asset management company, told its approximately 1,000 managing directors globally that they were expected to work from the office full time.
The New York-based company told staff in 2023 that they had to go into the office at least four days a week.The New York-based company told staff in 2023 that they had to go into the office at least four days a week.
Earlier this year, JP Morgan Chase summoned all its workers back into the office. Jamie Dimon, the head of the bank, has long been a proponent of restoring pre-pandemic working patterns.Earlier this year, JP Morgan Chase summoned all its workers back into the office. Jamie Dimon, the head of the bank, has long been a proponent of restoring pre-pandemic working patterns.
Barclays also hardened its stance on remote working earlier this year, saying that all staff should work from the office at least three days a week, up from a previous requirement of two days. Barclays also hardened its stance on remote working earlier this year, saying all staff should work from the office at least three days a week, up from two days.