FXHedge claims UBS halted withdrawals on a real estate fund and draws a parallel to early signals from 2007, implying systemic-risk echoes.
UBS just halted withdrawals of a $469 million real estate fund
told investors they can't have their money back for up to 3 years.
Is this the beginning of a repeat of Lehman Bros 2008?
“UBS Bank has stopped withdrawals from its nearly $500 million real estate fund for up to 3 years”
“UBS Bank now joins other asset managers such as BlackRock, Ares Management, Apollo and Blackstone”
This finding is one of many signals tracked across Stock Market. The live feed updates every few hours with new expert voices, debates, and emerging ideas.
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