It may come as a surprise to discover that tax-loss harvesting can result in negative alpha: Here’s what’s going on.
We believe that strategically managing taxes, including those incurred by investing and securities trading, can have a significant beneficial impact on long-term wealth growth. But every strategy needs a method for successful implementation, and for the tax-managed strategies at Neuberger Berman, those methods are tax loss harvesting and tax deferral, which generate “tax alpha.”
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