Perspectives Blog

The case for active muni management

Kimberly Campbell, Senior Portfolio Manager | April 21, 2014

s on sales. The Barclays Municipal Bond Index is an unmanaged index considered representative of the tax-exempt bond market. Indices are not managed and do not incur fees or expenses. It is not possible to invest in an index. Columbia Management and its affiliates do not offer tax or legal advice. Consumers should consult with their tax advisor or attorney regarding their specific situation.    …

The three tax thresholds of the new tax regime

Abram Claude, Vice President, Columbia Management Learning Center | September 11, 2013

Recent legislation has added new provisions to the Internal Revenue Code that will impose new tax rates beginning in 2013. These taxes will impact many high income individuals, as well as certain estates and trusts. The Columbia Management Learning Center is dedicating a series of blog articles to this important and timely “Navigating the New Tax Regime” topic, which will appear here over the next seven weeks. In 2013, there are new tax rates…

Maximizing workplace retirement plans to reduce or eliminate the net investment income tax

Abram Claude, Vice President, Columbia Management Learning Center | September 25, 2013

The net investment income tax (NIIT) is a new, permanent tax that is effective beginning in 2013. Investors’ workplace retirement plans, such as 401(k) plans, may offer several opportunities to reduce exposure to the tax. The Columbia Management Learning Center is dedicating a series of blog articles to this important and timely “Navigating the New Tax Regime” topic. Many higher-income investors with taxable investments encountered a new tax b…

The role of asset location

Abram Claude, Vice President, Columbia Management Learning Center | October 23, 2013

Financial advisors and investors should have a good understanding of what is different about taxation in 2013 and beyond – and how it affects after-tax returns. An asset location strategy should consider the benefits of placing less tax-favored investments under tax-deferred or tax-free registrations in order to increase after-tax returns. The Columbia Management Learning Center is dedicating a series of blog articles to this important and time…

Labor market takes center stage

Zach Pandl, Portfolio Manager and Strategist | October 15, 2013

…et Yellen stands. In her own words: “With employment so far from its maximum level and with inflation running below the Committee’s 2% objective, I believe it’s appropriate for progress in the labor market to take center stage in the conduct of monetary policy” (Yellen, March 2013). Labor market issues have long taken a central role in Yellen’s career. As an academic economist her most well-known research focused on an idea called the…