Money managers are returning to the office, said results of a new survey from investment management executive recruiting firms Odyssey Search Partners and JSB Partners.
Of the 92 investment management professionals surveyed June 4-15, 51% said they are still currently working remotely full time. However, only 2% of firms plan to allow their employees to continue to work remotely full time.
By Labor Day, no investment firms surveyed will encourage staff to work remotely.
Anthony Keizner, a managing partner at Odyssey Search Partners, said in a phone interview that although the stories in the news around investment management firms working remotely have centered around how productivity and performance has remained strong, "people are now headed back."