Michaël Lok

Co-CEO Asset Management e Group Chief Investment Officer

Geneva, Svizzera

English, French

Michaël LOK è CIO del Gruppo e Co-CEO dell’Asset Management di UBP. Ha maturato oltre 25 anni di esperienza nel Wealth management e nell’Asset management.

Prima di entrare in UBP nel 2015 è stato direttore generale dell’Asset Management presso Indosuez Wealth Management (gruppo Crédit Agricole), dove ha sviluppato una gamma di fondi UCITS per il Private Banking e un’offerta di soluzioni d’investimento dedicate e di mandati per i clienti UHNWI focalizzate su Asia e America latina. Prima di questo, aveva assunto la funzione di direttore della divisione Investimenti e della divisione Risk & Quantitative Portfolio Management, dopo aver lavorato come portfolio manager presso la Banque Martin Maurel e HSBC France (ex CCF).

Ha conseguito due Master, uno in finanza (DESS) e uno in scienze bancarie e finanze (DEA) all’Università di Aix-en-Provence.

Più articoli di Michaël

28.07.2025

UBP Weekly View - Markets climb on trade deals

Commercial agreements are fuelling market optimism, reinforcing confidence in a clear path for corporate earnings growth. As the earnings season progresses, 34% of S&P 500 constituents have published their results, with 80% surpassing analysts’ estimates. This week, attention will be focussed on key economic data and potential new trade agreements as the 1 August tariff truce deadline approaches.

21.07.2025

UBP Weekly View - Banks convey an optimistic tone

US banking giants led the start of the earnings season, with their management expressing confidence about consumer resilience despite economic uncertainty and price pressures, with the latter being confirmed by more solid June US headline inflation data which came in at 2.6% year-on-year. This figure also supported further consolidation of the US dollar, although we expect this to be short-lived. More corporate results are due this week and are likely to play a key role in steering market sentiment.

14.07.2025

UBP Weekly View - Equities steady ahead of earnings season

The fresh salvo of tariffs paused the rally on global equity markets, leaving them broadly stable. Renewed tariff threats are reigniting concerns about global industrial supply chains, generating doubts about whether or not these pressures will erode corporate margins. The upcoming earnings season, which kicks off this week, may offer some hints of an answer.

07.07.2025

UBP Weekly View - Brighter earnings outlook for US equities

Investor sentiment in equities was buoyed last week by the passage of the ‘Big Beautiful Bill’, signs of US economic resilience, and hopes of easing trade tensions.

US equities remain our preferred sector for the second half of the year, underpinned by stronger earnings growth expectations, a persistently weaker dollar, and significant exposure to the technology sector.

07.07.2025

UBP House View - July 2025

With summer under way, aligning income generation with long-term growth helps reinforce portfolio resilience. A well-balanced allocation remains essential to navigating the coming months with confidence.

30.06.2025

UBP Weekly View - Risk appetite holds firm

The Israel–Iran ceasefire has eased concerns about energy prices, thus curbing inflation pressures and maintaining the prospect of a rate cut by the Federal Reserve this autumn. Investor sentiment remains strong, notably on the technology sector. However, the unpredictability of geopolitical developments, coupled with the looming 90-day tariff-pause deadline, leads us to maintain a broad diversification across asset classes and regions.

23.06.2025

UBP Weekly View - Volatility mounts on Middle East escalation

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

UBP Weekly View - Trade deals in the spotlight

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.