Talk Your Book: After-Tax Alpha

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Today's Talk Your Book is sponsored by Nuveen:

Click here to learn more about Nuveen

On today’s show, we discuss:

  • The use case for tax-advantaged long-short SMAs

  • Leverage in SMAs and the implication for tracking error

  • How 130/30 compares to traditional direct indexing for realized loss generation

  • How beta exposure can be adjusted to manage risk during a tax harvesting period

  • The technology infrastructure required to manage tens of thousands of accounts daily

Animal Spirits:

Charts:

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