Some Boston money managers were operating from remote sites Tuesday after closing offices near the site of the Boston Marathon bombing.
“We are open for business on Tuesday, but our offices at 399 Boylston St. are closed,” said a Natixis Global Asset Management statement Tuesday morning. “Boylston Street employees are working from home and other remote disaster recovery sites.”
“We believe all of our Natixis Global Asset Management staff have been safely accounted for,” the statement said.
Monday was Patriots' Day, a holiday in Massachusetts, which meant many money managers had reduced staff working that day.
“We have accounted for all of our people who were working in the building and are grateful for their safety,” according to a statement on MFS Investment Management's website. “Because Monday was a scheduled work-from-home day exercise, the number of employees who were in the office was minimized; our building and our business were not affected. We are monitoring the progress of the police investigation and communicating with our employees to ensure they are safe and reassured. The office will be open again on Tuesday, but employees will have the option to work from home again or at our business recovery facility in Marlborough, Mass., as the investigation continues.”
“We believe everyone at Old Mutual Asset Management is OK at this time, including the executive management team,” said Zach Kouwe, OMAM spokesman. “The office was on holiday because of the marathon, but OMAM's office at Hancock Place … was evacuated for anyone who was working there.”
Fidelity Investments evacuated an investment center Monday on Boylston Street near the site of the blasts, and the building “is closed at this time because it is in the perimeter area,” said Anne Crowley, Fidelity spokeswoman. Fidelity's Boston offices, which are not near the bomb site, were not evacuated on Monday and were open Tuesday. “Regarding other operations … we have taken appropriate precautions to enable us to continue to serve our customers today,” Ms. Crowley said.
“We are safe,” said Michael Siciliano, senior vice president and head of sales and business development, North America, at Baring Asset Management. “Logistically, most money managers are in financial district although some may be in the Back Bay area where the explosions took place.”
“State Street continues to monitor the situation in Boston closely and remains in touch with local, state and federal agencies,” according to a statement from State Street Corp. “We are operating business as usual in the majority of our Boston locations. The safety and security of our employees is paramount and business continuity procedures have been enacted for the limited number of employees in our Back Bay offices, which include work-from-home arrangements as well as the utilization of alternate sites as appropriate.”