Q&A – After-Tax Benchmarking and Analytics in Global Equities

01 March 2021

More funds are beginning the process of measuring the investment performance of their global equity managers and strategies on an after-tax, not just pre-tax, basis in addition to benchmarking their Australian equity managers. With ever-increasing competition in global markets and lower return expectations from equities going forward, implementation efficiency is of paramount importance to investors.

Incorporating tax awareness into a global equity portfolio management process involves some logistical challenges, however portfolios that are accurately valued against absolute returns and managers that can be evaluated on consistent performance criteria, level the playing field and drive better investor outcomes.

In this paper we answer some of the frequently asked questions when it comes to measuring and benchmarking after-tax returns for global equities.