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Insight 08.11.2018

UBP Investment Outlook 2019

UBP Investment Outlook 2019

Opportunities and Threats in a Desynchronised World


Starting on 22 November in Geneva, this year’s Investment Outlook roadshow will tour in more than 10 different locations across Europe, the Middle East and Asia, featuring presentations by Co-CEO of Asset Management & Group CIO Michaël Lok, CIO of Private Banking Norman Villamin, Chief Economist Patrice Gautry, and several other experts.

#UBPInvestmentOutlook


Organised in partnership with Le Temps, the Geneva event, which was held in French, was moderated by the daily’s editor-in-chief, Stéphane Benoit-Godet. It took place on 22 November at 6 p.m. (CET) at the Mandarin Oriental Hotel.

In Zurich, UBP partnered with NZZ to organise a conference that took place in German and was facilitated by Daniel Hug, Head of the NZZ am Sonntag’s economic desk. The event took place on 28 November at 7 p.m. (CET) at the Widder Hotel.


Discover the themes of our roadshow


Topics

Among the topics covered are inflation & interest rates, debt dynamics, impact investing, US equities, healthcare innovation, oil and industrial metals, dollar strength, China, the trade war, Italy’s budget and Brexit.


Managing Risks in a Fragmented Global Economy

Entering 2018 investors brimmed with enthusiasm as global synchronised growth continued like in 2017, confirming that the world was finally moving on after the crisis. However, while financial markets remained attractive, monetary policy normalisation combined with near historically high equity valuations, near all-time low bond yields, and record tight credit spreads soon led investors to expect more modest performances and heightened volatility. Although markets promise to hold up in 2019, the landscape is starting to look patchy: we believe that desynchronisation between economies will be the dominant theme in the coming year.

The US remains ahead in the economic and monetary cycle, driving strength in the dollar. Europe has finally managed to break out of its post-crisis deflation, but the continent’s recovery is sluggish and its growth pattern fragmented. As for emerging markets, they have dislocated with Asia remaining on track, while Latin America, Eastern Europe and the Middle East are all seeing sharp dispersion.

A brochure detailing the topics discussed at the conferences has been produced to provide additional insight.

Download the brochures in the following languages:


Speakers

Geneva

Michaël Lok

Co-CEO Asset Management and CIO Group

Michaël joined UBP in 2015 as Co-CEO Asset Management / CIO Group.

Geneva - Paris

Patrice Gautry

Chief Economist

Patrice has been Chief economist at UBP for over 15 years and has 30 years’ experience in macroeconomics and investment strategy.

Zurich - Monaco - London

Norman Villamin

Chief Investment Officer (CIO) & Head of Asset Allocation
Norman has over 20 years’ experience managing wealth both on an advisory and discretionary basis for top companies in the financial industry.

London

Victoria Leggett

Head of Responsible Investment for Asset Management

Victoria joined UBP in 2010 as a portfolio manager and has 15 years of investment experience.

Lugano - Milano

Christel Rendu de Lint

Head of Fixed Income

Christel has 20 years’ experience in economics and investments, of which 15 as a manager of global bond portfolios.

Basel

Eleanor Taylor Jolidon

Co-Head of Swiss and Global Equity

Eleanor has more than 20 years’ investment experience on the sell and buy-side.

Paris

Jean-Luc Eyssautier

Head of UK Sales and Marketing

Jean-Luc has over 17 years’ experience in asset management with a focus on Sales and Marketing.

Lugano

Stefano Cividini

Head of Investment Services Lugano

Stefano Cividini has over twenty years' experience in multi-asset management, both with absolute return and with benchmarked portfolios.

Monaco

Brice Thionnet

Head of Direct Investments Group
Brice heads UBP's Direct Investments Group which offers access to exclusive direct investment opportunities in all private market spaces for qualified investors and professional clients.

Zurich

Robin Boldt

Healthcare expert

Robin joined UBP’s Advisory & Research team in June 2017 focusing on the healthcare sector, and in particular the biotech segment.

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