Who are we ?

HMG Finance is an independent French Asset Management Company, founded in 1991 by Laurent Hauvette, Richard Michelin and Marc Girault.

Our client base includes private individuals, institutional investors, private bankers and independent wealth management advisors.
HMG Finance specialises in small and mid-cap stocks, concentrating on undervalued as well as high-yielding investments. This careful approach has enabled us to ensure a regular increase in the value of our funds under management regardless of prevailing market conditions.



• Shareholder structure stable and independent.

• Sustainability of the process, seeking valuation or price anomalies for both discretionary and collective management.

• We are "Value" and "Contrarian” investors in undervalued shares of small and mid cap companies and also in high-yielding shares. Financial markets often throw up anomalies that are opportunities for investors who are willing to go against the market trend.

•  Using a bottom-up approach, HMG Finance selects companies not on macroeconomic or sectoral grounds, but for their intrinsic qualities, and also when their market price reflects an important discount to their real value. 
These companies are generally overlooked by large investors


  • Marc GIRAULT - point global HMG Finance

    Le 19 mai 2022, Marc Girault donnait une vision globale de la gestion, aux côtés de Patrimoine 24.

    » Read more
  • Marc Girault: Focus sur le titre "Worldline" - 02/05/2022

    Marc Girault nous parle du titre Worldline à l'occasion de l'émission BFM Bourse du 02/05/2022

    » Read more
  • Jean-François Delcaire - Focus sur le titre "Focus Home Interactive" - 04/04/2022

    Jean-François Delcaire nous parle du titre "Focus Home Interactive" à l'occasion de l'émission BFM [...]

    » Read more

Our videos

Get the Flash Player to see this player.
» Watch all our videos