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UBS Executive Warns of Underestimated Risks in AI-Driven Debt Investments

Nov 11, 2026
AI Summary

Sonja Laud from UBS Asset Management highlights concerns over the shift in AI investments from equity to debt. She warns that the interconnected risks associated with public and private debt may lead to lower-than-expected returns.

  • Sonja Laud is the co-head of investments and real assets at UBS Asset Management.
  • She notes that the AI investment landscape has transitioned from focusing on equity to being driven by debt.
  • Laud emphasizes the need for caution regarding the interconnected web of public and private debt, suggesting that anticipated returns on these investments may not materialize as expected.
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