Mastering Portfolio Friction: Balancing Costs Against Drift

Imagine you are an analyst reviewing a client’s portfolio that has drifted significantly due to a prolonged bull run in Indian IT stocks. Your model suggests that trimming these holdings to restore the target asset...

Navigating Tax Friction in Portfolio Rebalancing Strategies

Imagine you are reviewing a high-net-worth client’s portfolio in India. Your performance attribution report indicates that the equity portion has significantly outperformed the debt component, drifting the asset...