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


  • Interview Marc Girault par Anne-France Gautier (Vie Plus) chez Patrimoine 24

    Interview Marc Girault par Anne-France Gautier (Vie Plus) chez Patrimoine 24, 25.03.2024  

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  • Investir - 16/03/2024 - HMG Découvertes PME - un des fonds sélectionné pour profiter d'un potentiel retour en grâce des petites capitalisations

      Cet article d'Investir (le Journal des Finances / N° 2619 / 16 mars 2024 ENQUÊTE) met les fonds HMG Déc [...]

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  • FundClass: HMG Finance, best European Asset Management company

    Le 7 mars 2024, FundClass a honoré HMG Finance du prix de la meilleur société de gestion européenne gér [...]

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