Paris, June 23rd 2026
On the first anniversary of its full merger with Hugau Gestion in June 2025, Richelieu Invest reports positive results for its business. One year after this strategic move, the company is experiencing unprecedented momentum: nearly 3 billion euros in assets under management and 1 billion euros in net inflows, reflecting investors’ growing confidence in its unique model.
Richelieu Invest remains true to its founding values by cultivating its independence and expertise, with a team of senior portfolio managers recognized for their talent and discipline. Its bottom-up approach, based on strong convictions and rigorous management, remains at the heart of its strategy. The company relies on the autonomy of its portfolio managers, disciplined processes, and a constant pursuit of performance to meet investors’ expectations.
A streamlined, high-performance portfolio
Richelieu Invest has successfully streamlined its portfolio and now highlights 7 flagship funds: 3 fixed income funds, 3 equity funds, and 1 flexible fund. Two funds stand out in particular:
- Hugau Moneterme: €1.25 billion in assets under management, a testament to the ability of Johan Bigot’s team, Head of fixed-income, to build solid portfolios through rigorous selection of high-quality European credit and corporate bonds.
- Hugau Obli 1–3 Years: €536 million in assets under management, highly regarded for its stability and track record, offering clients a long-term cash management solution. The company is also seeing strong momentum in its discretionary management offerings, with robust performance in 2025 and since the start of 2026 (+7.88% in 2025 and +6.72% as of the end of May 2026, gross returns on dynamicprofiles), supported by a disciplined strategy and rigorous portfolio construction. This offering, which is becoming increasingly popular, represents a priority growth area.
A business strategy focused on Europe
Richelieu Invest is structuring its growth around three major pillars:
- expanding its institutional and corporate client base by leveraging its recognized fixed income range of funds, which is perfectly tailored to their needs;
- expanding its business operations in Europe, particularly in Germany, Austria, Italy, Switzerland, Spain, and Portugal;
- strengthening its partnerships with French distributors, particularly with family offices, IFAs, non profit organizations and foundations.
“These results not only validate the success of our merger but also reaffirm the power of our boutique model – specializing in active fixed income management and family-owned businesses. Even in the face of a rate shock, our performance has remained exceptionally robust, a testament to the resilience of our investment process. This same strength underpins our discretionary management offerings. On behalf of Richelieu Invest, I extend my deepest gratitude to our institutional and professional investors for their unwavering trust and support as we continue to scale new heights.” said Lorenzo Gazzoletti, CEO of Richelieu Invest.
