t sometimes happens that it is more appropriate for a client's assets to be looked after offshore. It is possible to have the benefit of Ruffer LLP's investment expertise while the investment funds themselves remain with a custodian bank located outside the United Kingdom.

In order to meet this need we have set up Ruffer (Channel Islands) Limited in Guernsey. This company can take on the management of these accounts. It will delegate investment duties to Ruffer LLP and Butterfield Trust (Guernsey) Limited will be dealing with the administration. All stock is held in a top custodian bank. Cash is held in a clients' composite account at the custodian bank. Valuations, together with supporting schedules, are sent out on a quarterly basis. Accounts may be denominated in US dollars, euros or sterling.

If clients need advice on structuring the vehicle through which the portfolio is run, this can also be arranged.

To view additional information on Ruffer (Channel Islands) Limited, please click here.