UK watchdog expects more property fund suspensions due to virus volatility

LONDON (Reuters) - More property funds in Britain suspended trading on Wednesday after managers said they could no longer be confident in assigning values to their assets as the coronavirus outbreak gathers pace. Kames Capital and Janus Henderson announced on Tuesday they were suspending their open-ended property funds, with Aviva and Standard Life Investments following suit on Wednesday. The Financial Conduct Authority, which regulates the sector said they expected more funds to follow suit..