Portfolio Manager & Investment Advisor

BB Healthcare has appointed Bellevue Asset Management AG (the "Portfolio Manager") as its portfolio manager. The Portfolio Manager is an asset management company incorporated in Switzerland, specialising in the healthcare sector, and part of the Bellevue Group.

The Portfolio Manager is an authorised asset manager subject to regulation by the Swiss Financial Market Supervisory Authority, FINMA. It is also the investment manager of BB Biotech AG, Europe’s leading biotech investment trust with a primary listing on the SIX Swiss Exchange and with net assets of approximately £2.2 billion as at 8 November 2016. The Portfolio Manager is also responsible for the management operations of Bellevue Funds (Lux) SICAV, as well as a number of other investment funds and mandates.

As at 30 June 2016, the Portfolio Manager had total funds under management of approximately £3 billion in the healthcare industry, in funds covering all areas of healthcare and geographies.

The Portfolio Manager has appointed Bellevue Asset Management (UK) Ltd, its UK subsidiary, to provide investment advisory services to it in relation to BB Healthcare and its portfolio.