Market Chatter: UBS Said to Fuel Investor Withdrawals From Blue Owl Private Credit Fund

06:11 AM EDT, 07/10/2026 (MT Newswires) -- UBS Group (UBSG.SW) played a key role in the withdrawal of investor money from Blue Owl's $3 billion Technology Income Fund, which it helped distribute to wealth management clients, the Financial Times reported on Friday, citing sources familiar with the matter. The Swiss lender reportedly advised clients with high exposure to private credit to reduce and diversify their holdings in the fourth quarter of 2025, the newspaper said. While the recommendation was not aimed specifically at Blue Owl's fund, it contributed to redemption requests exceeding 40% during the first quarter of 2026, according to the report. UBS did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)