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If you look at the market today, or even the world for that matter; about 50% of the world’s assets are taxable. Over the years, approximately two percent of the managers have tried to develop sophisticated approaches to managing those assets in a tax-aware manner.
Author: Douglas S. Rogers
Description
If you look at the market today, or even the world for that matter; about 50% of the world’s assets are taxable. Over the years, approximately two percent of the managers have tried to develop sophisticated approaches to managing those assets in a tax-aware manner. That, however, is only step one. The next step is calculation of after-tax return attribution and the clarion “call to arms” for all of those who can master the challenge.