INDUSTRY NEWS

Hedge fund managers want

Hedge fund managers want “class A” office space from which to run their investments, a commercial property consultant has claimed.

Joshua Gilbery told the Guardian they are looking for vast amounts of space, raised floors and suspended ceilings.

“There might be only four or five chaps in a hedge fund office but they have so much money that it doesn’t make much difference. These guys will have big, huge desks and lots of screens.”

The paper has created a ten-point guide to creating a hedge fund, which advised would be entrepreneurs to install “quirky diversions” in their offices.

To prevent top staff looking for further challenges, games rooms, pinball machines and even waterfalls could keep employees focused, it suggested.

These funds can benefit if prices rise or fall, depending on how they “hedge” their bets.ADNFCR-1329-ID-18719636-ADNFCR

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