Bellevue Healthcare Trust

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Bellevue Healthcare Trust
Company typePublic company
IndustryInvestment Management
Founded2016; 8 years ago (2016) in London, UK
Headquarters
London, United Kingdom
Area served
Worldwide
Key people
Randeep Grewal (Chairman)
Paul Major and Brett Darke (managers)
AUMGBP £0.9 Billion (May 2022)[1]
Websitewww.bbhealthcaretrust.com/en/bb-healthcare-trust/

Bellevue Healthcare Trust is a large British investment trust dedicated to investments in listed or quoted healthcare companies on a worldwide basis. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[2]

History

The company was launched on the basis of a prospectus issued on 10 November 2016.[3][4]

The company changed its name from BB Healthcare Trust to Bellevue Healthcare Trust, to establish consistency with the name of its investment manager, on 3 March 2022.[5]

Investment activity

The company is managed by Paul Major and Brett Darke of Bellevue Asset Management (UK) Limited and the chairman is Randeep Grewal.[6]

The company's largest investments as at 31 November 2021 were as follows:[7]

Largest investments
Ranking Company Valuation (£'m)
1 Vertex Pharmaceuticals 79.1
2 Jazz Pharmaceuticals 75.8
3 Insmed 71.5
4 Anthem 58.5
5 Humana 55.2

References

  1. ^ "Semi-Annual Report 2022" (PDF). Bellevue Healthcare Trust. Retrieved 28 February 2023.
  2. ^ "FTSE UK Index Series: Annual Review June 2020". 3 June 2020. Archived from the original on 3 June 2020. Retrieved 3 June 2020.
  3. ^ "BB Healthcare Trust". Trust.net. Retrieved 3 June 2020.
  4. ^ "Bellevue Asset Management plans £200m investment trust IPO on London Stock Exchange". City AM. Retrieved 27 September 2022.
  5. ^ "BB Healthcare Trust Plc. – Company Name Change". Pilling & Co. 3 March 2022. Retrieved 18 March 2022.
  6. ^ "Fund manager Randeep Grewal appointed new chairman of BB Healthcare". Proactive Investors. 17 July 2019. Retrieved 3 June 2020.
  7. ^ "Annual Report 2021" (PDF). Bellevue Healthcare Trust. Retrieved 27 September 2022.