Allspring to Add Tax-Loss Harvesting to Active Bond Strategies

Allspring Global Investments is planning to apply its systematic tax-loss harvesting capabilities to active equity and fixed income separately managed account strategies in the new year. While there are several tax-loss harvesting firms in the active equities market, applying this strategy to fixed income is “somewhat rare,” said Craig Kilgallen, a relationship manager at FUSE Research Network, who added that Morgan Stanley’s Parametric and AllianceBernstein are among the few firms offering it.

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Article published on December 8, 2023