Bellevue Asset Management has appointed Alexis Dawance to expand the Portfolio Management team for its BB Global Macro fund.
The portfolio management team for the BB Global Macro fund, an absolute return strategy, is being further expanded with the recruitment of Alexis Dawance. Thanks to its excellent track record over the years, the fund's volume has steadily increased and now amounts to CHF800m. The appointment of Dawance will strengthen the team's expertise, particularly in equities.
Dawance previously worked as head of Equities at MFM Mirante Fund Management, an independent asset manager in Lausanne, and was responsible, among other things, for a long/short equity fund. Prior to MFM, he was a founding partner of Global-Cap AG, an investment boutique, where he managed a global thematic equity strategy. His earlier career history includes positions at Merrill Lynch and Lehman Brothers.
Lucio Soso has been the senior manager of the BB Global Macro fund ever since it was launched. He is supported on the fixed income side by Alexandrine Jaecklin and by Markus Peter for matters pertaining to asset allocation and product strategy.
The fund delivered a full-year performance of 7.0% in 2019, which is at the upper end of its targeted performance range, with a realized volatility of a low 2.9%, which corresponds to a Sharpe ratio of 2.5.