Bellevue Group Reports Break-even Results Amid Challenging Market Conditions

Bellevue Group AG released its half-year results for 2025, revealing a modest bottom-line result of CHF 0.2 million. The group faces challenges due to a historically low valuation in the healthcare sector and significant weakness in the US dollar, leading to a 16% decline in assets under management, now at CHF 4.8 billion. Operating income fell by 23% to CHF 27 million, attributed to a lower asset base and unrealized market-driven losses.

Despite these challenges, Bellevue Group has optimized its portfolio management, resulting in improved investment product performance. Most of its healthcare strategies surpassed benchmarks, with some funds showing robust returns. Bellevue's management continues to adjust to new market realities, with strategic shifts anticipated to enhance growth potential in healthcare.