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UBS (UBSG SW) reportedly told clients who were over-allocated to private credit that they should sell down their positions, resulting in large sums of money being pulled from a flagship Blue Owl (OWL) fund, the FT reports

StockNow breaking-news AI analysis

UBS advised over-allocated clients to sell private credit holdings, causing large outflows from Blue Owl funds amid rising market concerns over liquidity, software exposure, and potential default rate spikes.

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