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Fund managers work from home to avoid riots

Some fund managers and other employees worked from home earlier this week in order to avoid protests, it has been reported.

Anti-capitalist protestors and riot police clashed in areas of London's West End over campaigns against the G8 summit. A number of fund managers told their employees to work from home on the advice of the police in order to avoid problems.

Investment Week reported that Artemis was one of the companies to do so. Around half of the Artemis team worked from home, with just 11 managers coming into the company's offices on St James Street.

A spokesman for the fund told the news source: “We were advised by police that our building might be targeted because of [hedge fund] Millennium Global's presence and took the prudent decision that anyone who wanted to could work from home. But it is business as usual at Artemis.”

Having the facilities in place for people to work from home really helped Artemis to ensure that business was not disturbed by events around the office and things could continue to run smoothly.

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