UBS Pulls 60% Capital from Blue Owl Fund

Overview

UBS instructed clients who held excessive exposure to private credit to reduce their positions, which resulted in withdrawals from the Blue Owl Technology Income fund during the fourth quarter of 2025, according to the Financial Times citing two sources with knowledge of the matter. The fund derives at least 60% of its capital from UBS clients located in Asia, underscoring a substantial regional concentration of its investor base.

Fund Performance

A spokesperson for Blue Owl confirmed that the fund continues to deliver consistent credit performance, citing a non‑accrual rate of 0.2% and a stable distribution rate of 9.2%.

Market Reaction

Following the news, UBS shares slipped 0.21%, while the Blue Owl fund’s ticker rose 0.65%.

Comments

UBS declined to provide a comment to the Financial Times regarding the advisory. The article was generated with AI assistance and reviewed by an editor, with rights attributed to Reuters.