COVID-19-related changes to the way investment professionals work are here to stay, at least in part, with remote working remaining on employees' agendas post-pandemic.
The first in a four-part research study by the CFA Institute looked at the changes investment firms and professionals are likely to adopt post-pandemic. A report outlining the institute's findings said 81% of respondents to a survey want to work remotely at least part of the time.
The majority of investment professionals, at 60%, are confident that their leaders can manage teams in a "hybrid" work environment, although concerns remain that it will be more challenging for managers to be effective in a mixed working environment than if everyone were working remotely.
"We find ourselves at the intersection of return to the workplace and the future of work, where the multilayered challenges we've faced as organizations and individuals over the course of the pandemic have now become opportunities to transform the way that we work going forward," Margaret Franklin, president and CEO, said in a news release accompanying the report. "Within the investment industry, the time is ripe to challenge the norms that have long driven our daily work lives. The way that we work must adapt."