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Bellevue Group faced a 17% decline in assets under management (AUM) to CHF 5.8bn in 2024. Profits also fell.
Bellevue said that its primary investment focus, the healthcare sector, has underperformed, leading clients to reallocate to other sectors.
Bellevue’s healthcare strategies had outflows of CHF 1.5bn, partially offset by CHF 600m of inflows.
