Bellevue Group AG / Bank am Bellevue recruits top senior analyst . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.
Bank am Bellevue has recruited Michael Heider, a highly qualified analyst for Swiss equities, as its new Head of Research.
Bank am Bellevue has been continuously investing in its research services during the past several years and expanded the Research Team despite the adverse environment as part of an anti-cyclical policy. The recruitment of Michael Heider as new Head of Research marks an important milestone for the bank in this regard.
Michael Heider joined Bank am Bellevue on February 1, 2013, and he will lead the team of roughly one dozen analysts as Head of Research. He has profound knowledge of the Swiss capital market. In recent years he received numerous awards and was repeatedly named best analyst for Swiss equities in leading analyst rankings (ISFA, AQ Research, Starmine). Michael Heider was with Berenberg Bank from 2004 to 2010, during which time he set up the bank's institutional business in Switzerland. Afterwards he worked for Helvea SA, ultimately as Co-Head of Equity Research and member of the Executive Committee. Michael Heider studied at the universities of Cologne, Montpellier and Marburg and earned a degree in business administration. He subsequently completed the Advanced Studies Program in International Economic Policy Research at the Kiel Institute for the World Economy.
"In today's stock-market environment, having a distinct profile is clearly a competitive advantage. Bank am Bellevue has an excellent equity research with a clear focus on Swiss stocks and a strong track record of its recommendations. I'm looking forward to further developing the research activities together with a motivated team in an entrepreneurial environment," comments Michael Heider. The Research Team's top 5 recommendations produced an aggregate return of 28.2% in 2012, which represents an outperformance of 13.8% over the SMI. Bank am Bellevue's investment recommendations have beaten the market performance from a longer-term perspective, too. The composite performance, based on all recommendations, was better than the total market performance in 28 of 36 quarters, achieving an average return of 14.4% p.a. versus 3.5% for the SMI.
For further information:
Bank am Bellevue, Seestrasse 16, 8700 Küsnacht
Thomas Egger, tel. +41 44 267 67 09, teg@bellevue.ch
www.bellevue.ch
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Source: Bellevue Group AG via Thomson Reuters ONE
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Bellevue Group AG
Seestrasse 16; Postfach Küsnacht/Zürich Switzerland
WKN: A0LG3Z;ISIN: CH0028422100;
