After-Tax Benchmark Methodology Roundtable

Boston, MA

March, 2025

A top-three investment manager engages Meradia to define a methodology for calculating after-tax benchmarks that can be implemented at scale. The techniques used to create after-tax alpha are managers’ “secret sauce,” but how after-tax returns are benchmarked is not.

The benchmarking methodology should be standardized across the industry to facilitate comparison and consistent interpretation. As such, we are also engaged in driving broad acceptance of the proposed methodology by industry participants, including investors and other asset managers.

We are excited to bring industry professionals together in March to review and comment on the methodology. Stay tuned for a follow-up whitepaper on the findings!