The COVID pandemic pushed the hedge fund industry to execute disaster recovery plans in an environment many plan architects had not fully contemplated, with employees across all sectors and roles working from home in a completely decentralized setting. Firms adjusted to the new reality during a period of record trading volatility and volume, expanding communication channels and technological capabilities and reworking normal operating patterns.
As firms emerge from this period and look forward to a return-to-work strategy, possibly in the second half of 2021, we can generally be confident of one thing—“business as usual” will be different.
