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VisitGroup CIO and Co-CEO Asset Management
Geneva, Switzerland
English, French
Michaël Lok is Group CIO and Co-CEO Asset Management at UBP. He has over 25 years of experience in wealth and asset management.
Before joining UBP in 2015, he was Global Head of Asset Management with Indosuez Wealth Management (Crédit Agricole Group), where he developed a range of UCITS funds for Private Banking and a set of UHNWI mandates and dedicated investment solutions with a focus on Asia and Latin America. This followed his roles as Head of Investment and Head of Risk and Quantitative Portfolio Management. Before that, he was Portfolio Manager at Banque Martin Maurel and HSBC France (ex-CCF).
Michaël Lok holds two Master’s degrees, one in Finance (DESS) and one in Banking and Finance (DEA), from the University of Aix-en-Provence (France).
23.06.2025
Despite the escalating geopolitical tensions between Israel, Iran and the US, equity and bond markets are – for now – not pricing in a worst-case scenario. In this context, a diversified allocation is warranted to contain tail risks and mitigate mounting volatility. Gold continues to serve as a hedge against extreme shocks.
16.06.2025
Markets rallied on US–China trade deal progress and soft US inflation data, boosting risk assets and expectations of a Fed rate cut. Yields fell while credit spreads tightened. However, at the end of the week gains faded as Israel–Iran tensions flared up, but this lifted defence stocks. The US dollar weakened, while gold and oil rose on geopolitical tensions.
10.06.2025
As we enter the second half of the year, the fading trade war rhetoric is paving the way for a renewed focus on diversified asset allocations.
06.06.2025
The potential of US equities is being tested by the compression of the risk premium.
13.05.2025
Equity markets welcomed Trump’s 90-day tariff truce by rebounding swiftly. However, we are maintaining a wait-and-see stance during this pause, while hedging against potential US dollar weakness by increasing our exposure to gold.
05.05.2025
On 9 July, President Trump’s 90-day tariff suspension is set to expire. What will this mean for investors?
16.04.2025
Tactical risk management helped us ride out one of the sharpest market dips since 2020. Gold and cash remain reliable safe havens.
08.04.2025
The tariffs announcement by US President Trump last Wednesday evening exceeded most expectations, raising the average tariff on US imports from 2.5% to 24%, a level not seen since the 1930–40s.
