About this episode

This episode explores how 130/30 SMAs can enhance tax-loss harvesting strategies in investment portfolios.

Tax-managed equity has evolved beyond the traditional long-only playbook. By adding selective shorts and leverage, 130/30 active extension strategies aim to unlock higher alpha while maintaining market-level beta—plus potentially meaningful after-tax benefits through disciplined loss harvesting. Where can this approach fit in portfolios today? On this episode of Disruptive Forces , host Anu Rajakumar speaks with Ray Carroll , CIO of Neuberger Berman's Breton Hill quantitative investing team, and Jacob Greene , Head Strategist for Custom Direct Investing, to demystify 130/30 tax-managed portfolios and where they work best—from diversifying single-stock concentrations to preparing for large taxable events, with global considerations beyond the U.S. This communication is provided for informational and educational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. Information is obtained from sources deemed reliable, but there is no representation or warranty as to its accuracy, completeness or reliability. This communication is not directed at any investor or category of investors and should…

People in this episode

Host: Anu Rajakumar

Guests: Ray Carroll, Jacob Greene

Topics covered

• tax-managed equity
• 130/30 strategies
• alpha generation
• loss harvesting
• portfolio management

Keywords

• 130/30 SMAs
• tax-loss harvesting
• active extension strategies
• market-level beta
• after-tax benefits

Mentioned in this episode

Organizations: Neuberger Berman, Breton Hill

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