Platforms prompted Arch Cru suspension

FundsNetwork says it suspended the fund range on 5 March, eight days before the ACD Capita announced the suspension on its website. The entire Arch cru range was suspended last week, due to a lack of liquidity to deal with redemptions. Capita, which has responsibility for settlements, determined liquidity in secondary markets was inadequate for the funds to continue to operate. However, FundsNetwork says it "suspended the funds for commercial reasons" more than a week earlier following a regular review of the funds on the platform. Cofunds also acted before the announcement, suspend...