Making the case for small state
By Gast Juncker | China Daily | Updated: 2014-03-17 07:23
Although there has been much debate over the European destination for renminbi trade, there is little doubt that Luxembourg offers the best prospects for investors.
The size of the investment fund industry in Luxembourg and its ranking compared with other global peers is in sharp contrast to its geographical size as the smallest member state of the European Union.
Luxembourg is the second-largest investment fund domicile in the world with more than 4,000 fund structures and 14,000 sub-funds.
Photo