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Kames began blocking any instructions to purchase, sell or switch shares or units in the funds yesterday
Kames Property Income and its feeder funds have been forced to suspend as a result of current “turbulent market conditions” making it impossible to accurately value property holdings, Professional Pensions' sister title Investment Week has learned.
In a statement to investors Kames Capital said the property income fund's standing independent valuer CBRE had made the judgement that it could not accurately price the holdings and, in accordance with...
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