KBL European Private Bankers (KBL epb), the Luxembourg-headquartered private banking group, announced today the launch of its Richelieu investment fund range, including the first three Richelieu-branded funds.

KBL epb, which operates in nine countries in Europe, currently acts as investment manager for some 60 proprietary funds, including funds marketed across its footprint under a range of local brand names, reflecting the group’s historical multi-brand strategy.

For the past two years, KBL epb has focused on strengthening the ties that bind its 10 private banks, providing clients with both deep domestic insight and broader pan-European perspective.

The introduction of a single brand for future group funds – managed by an internal team of multi-local investment specialists – is fully in line with this larger strategy.

Recently, the group launched the first three funds under this new brand name: Richelieu Fd Defensive, Balanced and Dynamic. Those funds, which are available in both retail and institutional share classes, are managed by Gaëtan Salerno, Portfolio Manager at KBL epb in Luxembourg, and Danny Wittenberg, Chief Investment Officer at Puilaetco Dewaay, the group’s Belgian affiliate.

Salerno and Wittenberg are supported by the group’s robust and globally integrated investment process, driven by a team of 50 cross-border investment specialists based in an equal number of cities across KBL epb’s European footprint.

According to Stefan Van Geyt, Group Chief Investment Officer, the group will introduce a range of additional funds under the Richelieu brand in 2015. “The launch of a single brand for our proprietary fund range is a significant step in the consolidation of our pan-European investment offering,” he said.