#auspol Wow - trying to reduce annual tax payments by generating losses in an investment portfolio, and using those losses to offset tax payable sounds like a winner (NOT!). Those loss-making investments wouldn't also be owned by the managing fund by any chance? www.bloomberg.com/features/202...
World’s Biggest Hedge Fund Teaches the Wealthy How to Slash Taxes to Zero
Cliff Asness’s AQR is riding an anti-tax wave to become the world’s biggest hedge fund.
bloomberg.com