Northern Trust Asset Management (NTAM) is launching long/short equities portfolios for institutional investors and financial advisors, effective early 2026.
NTAM holds US$1.3 trillion in assets under management.
Tax-managed strategies of this kind are increasingly popular, NTAM says, allowing clients to access diversified concentrated positions, use losses to offset gains from business sales and private equity distributions, improve short-term loss harvesting for cash-driven portfolios and revive inactive portfolios.
Slava Malkin has been appointed as a senior portfolio manager for the offering. Based in New York, he reports to global co-chief investment officer Anwiti Bahuguna – promoted to the role last month.
READ MORE: Bahuguna moves up in NTAM leadership reshuffle
Malkin has close to 25 years of industry experience and joins NTAM from BlackRock, where he has been director of Aperio quantitative strategies since 2021. Prior to this, he was a portfolio manager and quant researcher at NorthCoast Asset Management.
