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UBS Asset Management (UK) Ltd (Europe)

2023 Real Estate Top 150 ranking: 14

Outside the financial sector, levels of indebtedness remain high

outside the financial sector levels of indebtedness remain high

The story of the financial crisis of 2008 was largely the story of debt. A growth in demand for fixed-income products combined with lower underwriting standards of loans disguised the levels of risk eventually causing the collapse of one investment bank and balance sheet crises’ in many more.

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