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Here's a landing page for all the key stories in Bloomberg's coverage of "tax alpha."
bloomberg.com/latest/wall-st…
bloomberg.com/latest/wall-st…
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They're known as Flash Boys for their obsessive focus on speed, but Jane Street, Hudson River & other high-frequency traders have a 2nd imperative nowadays: Compute.
This @Bloomberg Big Take from @KatLeighDoherty @dinabass & @justinaknope tells the tale
bloomberg.com/news/features/…
This @Bloomberg Big Take from @KatLeighDoherty @dinabass & @justinaknope tells the tale
bloomberg.com/news/features/…
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Goldman Sachs is spending $2.25b on an ETF firm with tax-smart products whose outperformance is baffling industry pros.
@luwangnyc and @justinaknope dived into it to find out how these funds deliver such strong results.
With yours truly on the edit:
bloomberg.com/news/articles/…
@luwangnyc and @justinaknope dived into it to find out how these funds deliver such strong results.
With yours truly on the edit:
bloomberg.com/news/articles/…
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Bloomberg News has been exposing the boom in Wall Street tax strategies for the past two years. This week, the US Treasury took action.
Credit to @justinaknope and all the reporters involved for the phenomenal work.
bloomberg.com/news/articles/…
Credit to @justinaknope and all the reporters involved for the phenomenal work.
bloomberg.com/news/articles/…
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AI is infecting every corner of the financial markets, creating a problem for big institutional investors who need to diversify huge pools of cash.
A new Bloomberg Big Take from @luwangnyc, with yours truly on editing duties... bloomberg.com/news/features/…
A new Bloomberg Big Take from @luwangnyc, with yours truly on editing duties... bloomberg.com/news/features/…
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Every 3 months, someone moves more than $40b between near-identical US stock funds, leaves it a couple of days, then moves it back.
@zachmider & @denitsa_tsekova wanted to know who & why. They stumbled on our latest big story about Wall Street tax trades: bloomberg.com/graphics/2026-…
@zachmider & @denitsa_tsekova wanted to know who & why. They stumbled on our latest big story about Wall Street tax trades: bloomberg.com/graphics/2026-…
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ETFs made it easy to make turbocharged bets on AI winners and losers.
The payoffs can be spectacular.
So can the damage.
We mapped the leveraged ETF boom now playing into the hottest trade on Wall Street:
bloomberg.com/graphics/2026-…
The payoffs can be spectacular.
So can the damage.
We mapped the leveraged ETF boom now playing into the hottest trade on Wall Street:
bloomberg.com/graphics/2026-…
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One obscure section of the tax code. More than 100 ETFs. Billions in deferred capital gains. The story of how a niche strategy became one of Wall Street's fastest-growing businesses. bloomberg.com/graphics/2026-…
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Sam Potter retweeted
For those curious about the tax-aware strategies targeted by Treasury here, here are the stories we've written about them:
1/ Funds that generate ordinary losses: bloomberg.com/news/articles/…
1/ Funds that generate ordinary losses: bloomberg.com/news/articles/…
US Treasury officials just made some of their strongest remarks yet on tax-aware strategies, signaling particular concerns in:
- funds that generate ordinary losses
- 351 conversions
- box spread ETFs
- dividend-dodging ETFs
“I would advise investors to be cautious when something looks too good to be true because it probably is.”
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The US Treasury is putting Wall Street on notice, warning that a range of tax strategies marketed to wealthy investors may be "too good to be true" and could be abusive. Officials are weighing their next steps. Story: bloomberg.com/news/articles/…
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Buried in the SpaceX frenzy were some weird ETF flows, notably in ARKK.
Turns out they're part of a pattern surrounding IPOs where big investors hijack ETFs to get synthetic exposure to the deal.
Billions of dollars in play. Story by @denitsa_tsekova bloomberg.com/news/articles/…
Turns out they're part of a pattern surrounding IPOs where big investors hijack ETFs to get synthetic exposure to the deal.
Billions of dollars in play. Story by @denitsa_tsekova bloomberg.com/news/articles/…
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What was once a minor tax loophole is now costing the US government almost $50 billion per year.
Latest Big Take from @zachmider and @suryamattu, with yours truly on the edit and our excellent data viz team on graphics...
bloomberg.com/graphics/2026-…
Latest Big Take from @zachmider and @suryamattu, with yours truly on the edit and our excellent data viz team on graphics...
bloomberg.com/graphics/2026-…
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US retirement savers: your money may already be in something you’ve never heard of.
We found trillions flowing into CITs. Cheaper than mutual funds, far less transparent, and largely outside the SEC framework.
What are they, and why so opaque?
Story: bloomberg.com/news/features/…
We found trillions flowing into CITs. Cheaper than mutual funds, far less transparent, and largely outside the SEC framework.
What are they, and why so opaque?
Story: bloomberg.com/news/features/…
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A $5m bet on losing money sounds irrational.
It isn’t.
Because Wall Street has a new kind of alpha: Not beating the market - beating the tax bill.
Read @justinaknope & @denitsa_tsekova's Big Take on the tax alpha complex:
bloomberg.com/news/features/…
#taxes #investing #wallstreet
It isn’t.
Because Wall Street has a new kind of alpha: Not beating the market - beating the tax bill.
Read @justinaknope & @denitsa_tsekova's Big Take on the tax alpha complex:
bloomberg.com/news/features/…
#taxes #investing #wallstreet
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Sam Potter retweeted
Wall Street’s 2026 forecast, abridged: @SamJPotter joins @davidgura to discuss his annual look at the cottage industry of year-ahead reports — including what’s next for AI investing, private credit and gold. bloomberg.com/news/articles/…
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Ok internet friends, here it is: This year's compilation of Wall Street outlooks. Almost 800 key calls from more than 60 institutions, broken down into major themes and assets. All coded so you can compare & contrast. Don't say I never do anything for you bloomberg.com/graphics/2026-…
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Lehman's collapse hammered structured notes (instruments with names like “100% Principal Protected Absolute Return Barrier Notes Linked to a Basket of Global Indices”). Now they're enjoying a $200B boom. Great story @yiqinsh, @luwangnyc, @justinaknope bloomberg.com/news/features/…
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Wall Street quants and leading financial academics are clashing over whether artificial intelligence has upended one of the core principles of systematic investing. The latest from @justinaknope, with yours truly on the edit... bloomberg.com/news/articles/…
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Traders betting on real world events are leaving millions at the mercy of faceless crypto holders... cool one from @emilyjnicolle and @justinaknope, edit by yours truly bloomberg.com/news/articles/…
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Sam Potter retweeted
Polymarket has become the talk of both Silicon Valley and Wall Street. what’s less talked about: sometimes its bets are decided not by objective fact, but by a group of crypto traders thrashing it out on Discord.
📖 by me & @justinaknope:
bloomberg.com/news/articles/…
📖 by me & @justinaknope:
bloomberg.com/news/articles/…
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