The document compares tax drag to the tax exemption multiple (TEM) and the tax deferral multiple (TDM) for different asset classes over 20 years. It discusses the potential of emerging market equities and developed market equities in private placement portfolios, emphasizing the importance of asset location strategy. The document also outlines strategies for optimizing tax-free structures in private placement portfolios.
doj/DataSet10/EFTA01454214.pdf
{"title":"Investments: Better Predictors","document_date":"2014-06","document_type":"tabular","document_subtype":"investment analysis","key_organizations":["Deutsche Asset & Wealth Management"],"reference_numbers":["DB-SDNY-0112197","SDNY_GM_00258381","EFTA01454214"]}