Business model and strategy
A proudly independent company founded in 1993, Bellevue Group – based in Zurich/Switzerland – and its approximately 70 employees offer access to attractive and innovative investment ideas that generate value for investors and the company’s shareholders. We employ highly qualified investment specialists with many years of experience in the areas that are relevant to us – with a particular focus on healthcare, small & mid cap entrepreneur investments and multi asset strategies. As a «House of Investment Ideas», we know that quality and innovation are vital for creating value. We are constantly exploring and exploiting promising opportunities for value growth. Our teams are guided by an entrepreneurial mindset distinguished by mutual trust and creative autonomy at all points of interaction. Our strong convictions in the investment decisions we make is why we also have an active stake in our investments – and thus in the success of the clients we serve.
At a glance
- Bellevue is a pure play, highly specialized asset manager with a distinctive focus on healthcare, small & mid cap entrepreneur investments and multi asset strategies
- Expertise and innovation are what make us unique
- Creating value for clients and shareholders is our mission
- Our business model is straightforward, transparent and highly scalable
- Our financial profile is robust and low on risk
- Responsibility towards all employees, business partners and the environment is non-negotiable
Specialization, discipline and earnings quality as drivers of long-term value creation
Growth with a clear focus on core competencies and profitability
Our continued growth is built on three central pillars: the durable strong investment performance of our existing offering, the targeted development of our product range, and the ongoing acquisition of new clients. In doing so, we rely on a scalable business model and a clearly defined strategic direction.
Our product range reflects a strong commitment to active management – underpinned by fundamental bottom-up research, deep sector-specific expertise, consistent active stock selection, and disciplined portfolio construction within a rigorous risk framework.
At the core of our forward strategy is growth with our established product offering – “Grow with the products». In this area, we see substantial potential and attractive earnings prospects. This requires consistently maintaining and further enhancing product quality. At the same time, we are investing selectively in the modernization of our platforms and infrastructure to further strengthen efficiency, transparency, and scalability. “Grow with the products» also means prudently expanding our existing client base. In addition to deepening our presence in well-established markets, we carefully assess selected adjacent markets where our expertise and specialization can create added value.
Innovation remains an important component of our ongoing development. By designing and launching differentiated investment ideas, we selectively complement our business model with additional growth drivers. In 2025, with the launch of the Bellevue Healthcare ETF, we bundled our proven healthcare expertise for the first time into an exchange-traded, transparent, and cost-efficient solution, thereby strengthening our positioning as a specialized active manager in the rapidly growing ETF market.
Our pipeline of ideas and products is correspondingly strong. At the same time, we regularly review our offering in terms of differentiation, competitiveness, and scalability. Areas with limited differentiation or structurally weaker competitive positioning are adjusted or streamlined where appropriate.
Our focus remains on delivering high-quality and sustainable earnings power. A disciplined cost structure and an attractive cost-income ratio remain key management metrics, while we continue to invest selectively in technology and talent. Sustainable profitability arises from deep investment expertise, clear strategic focus, and consistent execution.