News & Press Releases

BB Biotech AG with net profit after tax of CHF 354 mn for the first half of 2012

Due to the significant increase in net profit versus last year, BB Biotech AG is pre-announcing its after-tax result for the first half of 2012 in compliance with ad hoc publicity rules.

Based on the unaudited consolidated results, after-tax profit for the first half of 2012 amounts to CHF 354 mn. This result is a reflection of the successful investment strategy of BB Biotech AG and its consistent implementation.

BB Biotech AG will publish its detailed half-year results on July 19, 2012.

Bellevue Group with net profit of CHF 8 million for the first half of 2012

• Expected Group net profit of about CHF 8 million
• Positive operating result at Bank am Bellevue and Bellevue Asset Management
• No further need for extraordinary write-downs and impairments as in previous year 

Egypt – Tension eases, confidence grows after Mursi’s election

“A reasonable balance of power could emerge between the Supreme Council of the Armed Forces and the Muslim Brotherhood.”

Malek Bou-Diab, Lead Portfolio Manager BB African Opportunities

Investing in family and entrepreneurial businesses listed on the stock market not only fits the spirit of our times, it also holds out the promise of attractive returns. Three-year data confirm the viability of the strategy behind the BB Entrepreneur Europe (Lux) Fund managed by Bellevue Asset Management. With a performance of +74.1% (in EUR), the Fund has significantly outperformed the broader market and ranks among the best performing funds for this period. The Fund recently received a 5-star rating from Morningstar and its lead manager Birgitte Olsen was also awarded a AAA rating from Citywire.

In Focus BB Entrepreneur Asia: Entrepreneurial Asia - growth as usual

 

• Asian economic growth continues despite debt problems in the developed world
• Smaller ASEAN countries are an attractive investment addition to the region heavyweights of China and India
• Entrepreneur companies are more prominent in South East Asia (65% of listed companies vs. 37% in North Asia)
• ASEAN investment opportunities range from regional low cost carriers to Indonesian real estate to, in a longer term, Myanmar
• Performance YTD of the BB Entrepreneur Asia Fund (B USD): +18.5% vs. MSCI Asia ex Japan +13.8% (as of 04/30/2012)