After four months of living the new remote working life, people in the private markets industry are anticipating long-term changes to how they conduct most of their activities, a new study by asset management consultancy MJ Hudson has revealed.

Nearly three-quarters of professionals said that they expect to work from home more often. And over half said they expect to travel less for business, most likely due to the increased use of video calls. In an industry where in-person meetings have historically been considered key for business, half of the respondents to the survey now expect video calls to replace face-to-face meetings.