IAN HAY DAVISON, Chairman
Chairman of the Royal College of Art.  A former Deputy Chairman and Chief Executive of Lloyd's of London, he was Managing Partner of Arthur Andersen & Co until 1982, and Chairman of the Hong Kong Securities Review Committee 1987-88.  Director of The Independent 1986-2004 (Chairman from 1993).  Chairman of the Sadler's Wells Foundation 1995-2004.
JONATHAN RUFFER, Chief Executive
Trained as a stockbroker and barrister before moving into private client investment management in 1980, with Dunbar Fund Managers.  Formerly Chief Investment Officer of Rathbone Bros plc, in 2001 became an independent non-executive director of Electric and General Investment Trust PLC.  He established Ruffer Investment Management Limited in 1994, which transferred its investment business to Ruffer LLP in 2004.
VISCOUNT TAMWORTH, Managing Director
Fellow of the Institute of Chartered Accountants.  Trained at Ernst & Whinney, before working at BICC plc.  He held a number of executive finance directorships with Viking Property Group and Norseman Holdings Ltd.  He joined Ruffer as one of its founders in 1994.  He became Chairman of the APCIMS Investment Firms Committee in 2005 and a Director of APCIMS in 2007.
JANE TUFNELL, Director
Worked at County NatWest where she ran more than £300 million of smaller companies funds including the County Smaller Companies Investment Trust and the County Smaller Companies Exempt Fund.  She joined Ruffer as one of its founders in 1994.
CRISPIN ODEY, Non-Executive Director
Chief Executive, Odey Asset Management LLP.  Heads the investment management team and is lead Portfolio Manager of Odey European Inc as well as the Odey Pan European and Opus funds.  Crispin, a Christ Church, Oxford graduate, left Barings to found Odey Asset Management in 1991.
PHILIP DUNNE, Non-Executive Director
Trained with SG Warburg in London and New York, joined Phoenix Securities as a Partner in 1991, ran its office in Hong Kong, and was Managing Director of Donaldson, Lufkin & Jenrette from 1997.  He co-founded and was Chairman of Ottakar's plc.  He is Non-Executive Chairman of Baronsmead VCT 4 plc.  He became MP for Ludlow in 2005.  He joined Ruffer in 2002.
DAVID BALLANCE, Investment Director
Previously International Equities Head at Rothschild Private Management, prior to which he was European Equities Head at Rothschild Asset Management.  He graduated from Oxford and worked for Allied Dunbar Asset Management as Senior Investment Manager before moving to Threadneedle Investment Managers Ltd as Head of European Equities.  He joined Ruffer in 2006 and is co-manager of the CF Ruffer Total Return Fund.
MICHAEL BAYLIFFE, Investment Director
Worked at the Bank of England in research, then moved into investment management at Phillips & Drew, becoming a partner.  Moved in 1988 to Capel-Cure Myers, where he was responsible for a team dealing with charity, ethical and pension fund management and concentrated personally on individual and small group pension schemes.  He joined Ruffer in 2002.
TREVOR BRADLEY, Investment Director
Joined Mercury Asset Management (now part of BlackRock) in 1992 and spent 8 years managing UK pension fund portfolios, leaving in 2000 to join McKinsey & Co as a consultant to investment management and financial services companies.  Joined Ruffer in 2005, focusing on its institutional business.
PETER CAREW, Investment Director
Previously Portfolio Manager and Head of Private Clients with Credit Suisse UK Ltd, having been a Divisional Director with Carr Sheppard Crosthwaite.  Prior to his career in the City, he was in the Army.  He has an MBA gained at the London Business School.  He joined Ruffer in 2002.
ALEX GRISPOS, Investment Director
Graduated from Imperial College with a First Class degree in Mechanical Engineering.  He started in equity research in 1998 at Alpha Trust in Greece and then worked in venture capital for 6 years.  He then joined Top Technology Ventures in the UK, and subsequently as Investment Manager with RTF based in London and St. Petersburg, Russia.  He joined Ruffer in 2005 and manages the CF Ruffer Equity and General Fund.
HENRY MAXEY, Investment Director
Joined Ruffer in 1998 after graduating from Oxford University with a first class honours degree in economics and management.  He is a CFA charterholder and co-developed CF Ruffer Investment Funds (an OEIC).
MARY McBAIN, Investment Director - Asia
After graduating from Oxford University in 1985, started work at Invesco MIM as a fund manager on the Asian team.  After leaving Invesco in 1990, she spent many years living and working in Asia, for GK Goh Securities, Apollo Investment Management and Ballingal Investment Advisors.  She joined Ruffer in 2006 and manages the CF Ruffer Pacific Fund.
SEAN McCREERY, Investment Director
Previously managed a broad range of private client and pension fund portfolios at Duncan Lawrie, after being a member of the institutional investment team at Cornhill Insurance.  He has considerable experience of fixed interest and equity investment in the UK, and the major overseas markets.  He joined Ruffer in 1999.
PHIL MORRIS, Investment Director
Graduated from Cambridge University then trained as a Chartered Accountant.  He then managed his family's farming business before moving into Private Client Investment Management with Barclays de Zoete Wedd Portfolio Management (which became Barclays Private Bank), latterly as Chief Investment Officer.  He joined Ruffer in 2005.
DOMINIC PEARSON, Investment Director
Graduate of Manchester University, previously with NCL Smith & Williamson for 9 years as an investment manager and, subsequently, director.  Managed several OEIC structures amongst a diverse range of private client portfolios.  He joined Ruffer in 2004.
CHRISTOPHER QUERÉE, Investment Director
Previously Director at Le Masurier, James & Chinn, now absorbed within the HSBC Group.  He spent thirteen years there, with responsibility for offshore private clients and he moved to Chiswell Associates in 2001, focusing on charity fund management.  He holds an MBA from Henley Management College and joined Ruffer in 2004.
STEVE RUSSELL, Investment Director
Started as a research analyst at SLC Asset Management in 1987, where he became Head of Equities in charge of £5bn of equity funds.  In 1999 he moved to HSBC Investment Bank as Head of UK and European Equity Strategy, before joining Ruffer in September 2003.  He became a non-executive director of JP Morgan Fleming Continental Investment Trust in 2005 and is co-manager of CF Ruffer Total Return Fund.
TIMOTHY YOUNGMAN, Investment Director - Europe
Moved into European equity research in 1985, after a period with McKinsey & Co and at Manchester Business School.  He moved from Savory Milln to S.G. Warburg in 1988, and then to an independent research boutique in 1999, before joining Ruffer in January 2003.  He manages the CF Ruffer European Fund.
HAMISH BAILLIE, Investment Manager
Joined Ruffer in 2002 after graduating with an MA from Trinity College Dublin.  He became a member of the Securities Institute in 2005 following the completion of his SI Diploma with a distinction in the Private Client Investment Advice and Management paper.
EMMA RUTTER, Investment Manager
Joined Ruffer in 2001 after graduating from Edinburgh University with an honours degree in economics and business studies.  Awarded the Securities Institute Diploma in 2004.
PETER WARBURTON, Economist
Previously worked as a Research Officer at London Business School, a Lecturer at Cass Business School and Chief Economist at Robert Fleming Securities.  He published Debt and Delusion in 1999 and in 2000 co-founded Rhombus Research, an independent research company.  He joined Ruffer in 2002.
JAMES HEAL, Research Analyst
Worked at Lehman Brothers from 2005 to 2007, where he was Executive Director of the Long Term Value proprietary fund.  His previous roles include Head of Technology Research at Commerzbank Securities and Director of Regional Asian Technology Research at Indosuez W.I. Carr Securities in Singapore.  He joined Ruffer in 2008.
KENTARO NISHIDA, Research Analyst
After obtaining a BEcon in Japan and studying Russian in Moscow he worked as an interpreter in both Russia and the UK.  He moved into equity sales in 1988 for James Capel & Company Limited and then SG Warburg Securities in 1989.  He joined Ruffer in 2008 to concentrate on Japanese Equities.
JAMES VERDIER, Research Analyst
Graduated from the London School of Economics, then qualified as a chartered accountant.  He joined Commerzbank as a telecoms analyst in 1999 and subsequently worked on the Special Situations trading desk.  In 2005 he joined Lehman Brothers where he worked on the Long Term Value proprietary fund.  He joined Ruffer in 2008.
TREVOR WILD, Research Analyst
Worked for BZW from 1983 where he led a number of successful research teams, joining Commezbank in 1999 to begin his career as a Portfolio Manager.  In 2005 he moved to Lehman Brothers as Managing Director of the Long Term Value Fund.  He joined Ruffer in 2008.
RICHARD PRIESTLEY, Business Development Director
Joined Ruffer in 2004 having spent over 30 years in the City.  He was a partner in Wedd Durlacher Mordaunt for 13 years before the formation of Barclays de Zoete Wedd in 1985.  He was Head of Market Making in 1987 and was a director until 1997 when he left to join Credit Lyonnais Laing & Cruickshank.
DAVID KELLIE-SMITH, Business Risk Director
Qualified as a Chartered Accountant with Peat Marwick Mitchell.  He then spent 25 years with Unilever, in the UK and overseas, latterly as Vice President of Finance, Unilever USA.  At Ruffer he has responsibility for business risk and client service.  He joined Ruffer in 1994 and was Compliance Officer for 11 years.
LOUISE ELLIS, Compliance Officer
Joined Ruffer in 1999 after graduating from Newcastle-upon-Tyne University with an honours degree in accountancy and law.  During 2004, she spent seven months seconded to APCIMS.  She became a Director of the Joint Money Laundering Steering Group in 2004 and Chairman of the APCIMS Financial Crime Committee in 2007.  She became Compliance Officer in March 2007.
SIMON MARTIN, General Counsel
Graduated from Cambridge University then trained as a lawyer at Norton Rose.  After 3 years at Clerical Medical, joined Gartmore where he spent 9 years, latterly as General Counsel for its operations outside the US.  Joined Ruffer in 2007.
JANA LANCASHIRE, Financial Controller
Qualified as a Chartered Certified Accountant shortly after joining Ruffer in 2001.  She previously worked for City Securities, a property investment company.
NICK HORDER , Operations Manager
Graduate of Leeds University, spent several years within the control department of the investment bank West LB AG in London, Sydney and Tokyo.  He became a member of the Securities Institute in 2005 following the completion of his SI Diploma.  He joined Ruffer in 2003.
GUY SHIRLEY, Operational Risk Manager
Joined NatWest Portfolio Management as an assistant portfolio manager after graduating in Chemistry from Bristol University.  After working as a Risk Analyst for Citibank in 2000, moved to JP Morgan, Sydney, before starting at Ruffer in 2003.
MICHAEL DENYER, IT Manager
An Oxford University Computation Graduate, Michael started his career at Rubicon Corporation where he progressed to Information Systems and Technology Manager for the Telemarketing Division of this financial services outsourcer.  He joined Ruffer in 2005.