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Tag Archives: after-tax

Jan 14, 2016

Why Choosing Between Managers Requires a Two-Dimensional View – Part 2

Part 1 of this article looked at the ways in which superannuation funds and other institutional investors build “multi-manager” equity portfolio structures in an attempt to spread the benefits of diversification within, and not just across, asset classes.  We noted that, astonishingly, the performance track records of managers are typically compared only on a pre-tax…


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