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Bellevue Group Announces Leadership Change Amid Challenging Market Conditions

Story Highlights
  • Bellevue Group appoints Veit de Maddalena as executive Chairman amid leadership transition.
  • The company expects significantly lower half-year results due to challenging market conditions.
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Bellevue Group Announces Leadership Change Amid Challenging Market Conditions

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Bellevue Group AG ( (CH:BBN) ) has shared an update.

Bellevue Group, a specialized asset manager focusing on healthcare and niche investment strategies, is undergoing a leadership transition with Veit de Maddalena appointed as the executive Chairman of the Board of Directors. This change comes as the company aims to sharpen its business model in response to challenging market conditions, particularly in the healthcare sector, which has seen below-average performance and a weakened US dollar impacting investments. The company anticipates a significantly lower half-year result for 2025 compared to the previous year, with managed client assets down by 24% due to market-related factors. Despite these challenges, Bellevue Group maintains a strong equity-financed balance sheet, which it views as a solid foundation for future optimization and success.

More about Bellevue Group AG

Bellevue is a specialized asset manager with core competencies in healthcare strategies, alternative investments (including private equity), and selected niche strategies, listed on the SIX Swiss Exchange. Founded in 1993, Bellevue generates attractive investment performances and thus added value for customers and shareholders as a house of investment ideas with around 90 employees. As of the end of 2024, Bellevue managed client assets amounting to CHF 5.8 billion.

Average Trading Volume: 24,404

Current Market Cap: CHF123.2M

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