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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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