Goldman’s London Hedge Fund Event Goes Virtual Amid Virus Risk
Goldman’s London Hedge Fund Event Goes Virtual Amid Virus Risk
(Bloomberg) --
Goldman Sachs Group Inc. has asked clients not to attend a hedge fund conference due next month in person and join virtually instead.
The Wall Street bank’s unit that lends money and settles trades for hedge funds was planning to hold its Asia Managers Forum on April 1 in London, according to a letter to investors seen by Bloomberg. Now, the firm will spread the event over two days and conduct it online.
From canceling events and banning their staff from taking crowded trains to asking them to work from home, global financial firms are trying to protect their clients and employees from the deadly coronavirus. Covid-19 has so far infected 127,141 people and killed more than 4,700.
“In light of current events, we have taken the decision to cancel the conference in person and host a virtual conference,” the Wall Street bank told potential attendees on Thursday.
A spokesperson for the bank declined to comment.
Money managers including Athos Capital Ltd., Zaaba Capital and SPARX Group Co. will host virtual roundtable sessions which investors can join. Goldman will using a technology platform that will allow them to ask questions in real time and see presentations, according to the letter.
To contact the reporter on this story: Nishant Kumar in London at nkumar173@bloomberg.net
To contact the editors responsible for this story: Shelley Robinson at ssmith118@bloomberg.net, Patrick Henry
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