Most US hedge funds and other alternative managers expect to return to work before year-end, but a majority predict sweeping changes to work-from-home policies and office layouts, with close to a third of New York-based managers mulling a reduction in office space, a deep-dive industry study by Seward & Kissel has found. The US law firm’s Alternative Investment Manager Covid-19 Survey examined the potential long-term effects of the coronavirus pandemic on the alternative investment industry’s business functions, quizzing a range of CFOs, COOs, CCOs and GCs from hedge funds, private equity and other alternative investment managers.