UK fund suspensions raise questions about daily cash calls - watchdog
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LONDON (Reuters) - Although this week's suspensions of UK property funds were due to fallout from coronavirus rather than cash calls, they raise "legitimate questions" about offering daily redemptions, the Financial Conduct Authority said on Thursday.Several property funds that offer daily redemptions have suspended themselves after valuers said it was not possible to adequately price the real estate assets they contain."We are now in the midst of an unprecedentedly difficult time for funds, as..