2013-02-22 10:03:40 -
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
Michael Heider joined Bank am Bellevue on February 1, 2013, and he will
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, firstname.lastname@example.org
Bank am Bellevue is part of Bellevue Group, an independent Swiss financial group
based in Küsnacht. The parent company, Bellevue Group AG, is listed on the SIX
Swiss Exchange. The business focus of Bank am Bellevue is on research and
brokerage for Swiss and selected international equities, and on corporate
Media Release (PDF):
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Bellevue Group AG via Thomson Reuters ONE