@article {Kim44, author = {Robert Kim and Edward H. Dougherty and Miriam Klein}, title = {Will Hedge Fund Investors Start Asking for Tax Alpha? Can Hedge Fund Managers Deliver It? }, volume = {13}, number = {4}, pages = {44--50}, year = {2011}, doi = {10.3905/jwm.2011.13.4.044}, publisher = {Institutional Investor Journals Umbrella}, abstract = {Tax efficiency, a common topic in the mutual fund world, has never been a big priority for hedge funds. Although U.S. taxable investors would benefit if hedge fund managers were more tax aware, the offshore and tax-exempt investors putting up the greater share of the capital haven{\textquoteright}t required it. But looming higher tax rates, combined with a greater emphasis by hedge funds on client service and retention, are likely to change the dynamic. Tools and techniques for expressing investment ideas in a more tax-efficient manner are available. The task for managers will be to employ them as appropriate, while keeping investment strategy firmly in the driver{\textquoteright}s seat.TOPICS: Real assets/alternative investments/private equity, legal/regulatory/public policy}, issn = {1534-7524}, URL = {https://jwm.pm-research.com/content/13/4/44}, eprint = {https://jwm.pm-research.com/content/13/4/44.full.pdf}, journal = {The Journal of Wealth Management} }