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Story summary
- Dawn Fitzpatrick, chief investment officer of Soros Fund Management, warned of a challenging 18–24 months due to geopolitical risks and AI disruption, speaking at the Bloomberg Invest conference.
- She cited uncertainty from the U.S.-Iran conflict, disrupting oil trade and boosting volatility.
- The private credit sector is under pressure, with rising defaults and withdrawal requests from investors.
- Other asset managers share the cautious outlook, suggesting that market resilience will be tested.
