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UK industry body says property funds may need to suspend themselves

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LONDON (Reuters) - Property funds should suspend themselves if they can no longer properly assess the value of the real estate assets they hold, a British funds industry trade body said on Wednesday."Under these conditions property funds need to suspend while this extraordinary situation lasts, in order to ensure that investors, mostly long-term pension savers, are protected," Paul Richards,..
Date Published: Mar 18, 2020
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