Bellevue Healthcare Trust
TypePublic company
IndustryInvestment Management
Founded2016 (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
RankingCompanyValuation (£'m)
1Vertex Pharmaceuticals79.1
2Jazz Pharmaceuticals75.8
3Insmed71.5
4Anthem58.5
5Humana55.2

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.
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