| 29.05.2012 Tax concerns see hedge funds fleeing India |
| From Precy Dumlao, Opalesque Asia – Hedge funds and several foreign institutional investors (FIIs) have packed up their bags and left India on concerns over the proposed tax rules that India plans to implement that could impact on their investments. According to a report by Asian Investor, these short term investors that bought exposures to Indian securities using participatory notes or P-note |