Luxembourg Tax Guide 2012
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Thus, an overwhelming majority of the funds
garnered from the urban non-retail segment
are short-term investments. Further, this is
not a short-term trend as it has been noticed
over a period of a few years. Therefore, if
the industry wants to change the age profile
of the funds it has at its disposal, it needs to
seriously look at the other investors i.e. retail
investors and high net-worth individuals
(HNIs) in the urban and semi-urban areas.
This will also help fulfil the objectives of
financial inclusion.
This is not to say that corporate investors
should not be encouraged to invest...
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Luxembourg Tax Guide 2012
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Luxembourg Tax Guide 2012
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