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Schroders Singapore seeks 1b yuan quota under RQFII licence

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Published Mon, Jan 12, 2015 · 09:50 PM

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Singapore

SCHRODER Investment Management (Singapore) Ltd (Schroders Singapore) will apply for a one billion yuan (S$215 million) quota under its Renminbi Qualified Foreign Institutional Investor (RQFII) licence, it said on Monday.

The quota will be used for investments in the Schroder International Selection Fund Asian Bond Absolute Return, it said.

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