Robeco expects approval for stock connect as early as this month

April 16, 2015 9:25 AM

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HONG KONG, April 16 (Reuters) - Dutch asset management firm Robeco said on Thursday it expects to secure approval from Luxembourg regulators to participate in a stock connect scheme between Shanghai and Hong Kong as early as the end of this month.

Luxembourg regulators have been approving funds to participate in the scheme only on a case by case basis due to concerns regarding the safekeeping of assets under the scheme.

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