Remote Work Policies at HFs
Currently, an Analyst a ~$5-6Bn fund that may start recruiting for other opportunities and was wondering if people would be willing to share what their firm's WFH / remote work policy is now post-COVID? Given that the Boomers have finally realized that you don't need to be in shitty Midtown Manhattan to work and do well as long as you have a good internet connection, and mgmt, conf, and sell-side meetings will likely now have some permanent virtual element to them, I was wondering if any notable funds have provided more flexible location policies for investment professionals? I'd specifically be curious about how it is at MM or larger SM funds and whether it's PM dependent.
For me personally, the ability to work in the city of my choosing and not be subjugated to NYC/CT would be a huge draw when evaluating other fund opportunities so I wonder if it becomes more commonplace as a way to attract talent. I actually don't work in NYC/CT at the moment but moving back to NY/CT would be a deal-breaker for me. Curious to see what working arrangements come out of this since I think it should be a no complete brainer and industry standard to at least let more senior analysts work from wherever they'd like as long as they get their shit done and continue to contribute P&L. Thoughts?