Bellevue Healthcare Trust

Last updated

Bellevue Healthcare Trust
Company typePublic company
Industry Investment Management
Founded2016;9 years ago (2016) in London, UK
Headquarters
London, United Kingdom
Area served
Worldwide
Key people
Randeep Grewal (Chairman)
Paul Major and Brett Darke (managers)
Website www.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. [1]

Contents

History

The company was launched on the basis of a prospectus issued on 10 November 2016. [2] [3]

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. [4]

Investment activity

The company is managed by Paul Major and Brett Darke of Bellevue Asset Management (UK) Limited and the chairman is Randeep Grewal. [5]

The company's largest investments as at 31 November 2021 were as follows: [6]

Largest investments
RankingCompanyValuation (£'m)
1 Vertex Pharmaceuticals 79.1
2 Jazz Pharmaceuticals 75.8
3Insmed71.5
4 Anthem 58.5
5 Humana 55.2

References

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