Our aim?

To deliver consistent positive returns
– whatever happens in the financial markets.

To invest well, we need to take on risk. With risk comes great responsibility.

Our pre-occupation is with not losing money, rather than charging headlong for growth.

It’s by putting safety first that we have made good money for our clients. Through boom and bust. For nearly 25 years.

If we keep doing our job well, we will protect our clients’ capital – and increase its real value substantially. 

At a glance
We do One thing – investment management 
The goal Make money for clients. Putting safety first
Stewardship Environmental, social and corporate governance (ESG) issues are fully integrated into our process
Clients Around 6,600 worldwide. Mainly individuals and families, pension funds and charities
Offices London, Edinburgh, Paris, Hong Kong and Guernsey
Founded 1994
Assets £21.0 billion under management as at 31 December 2020
People Over 330 work at Ruffer as at 31 December 2020
Ownership A privately owned partnership. Majority owned by people who work at the firm
Annabel Mackenzie
Investment Director
Worked at F&C Asset Management after graduating from the University of Edinburgh in 2003, with an honours degree in economics. She joined Ruffer in 2006 and became a member of the Chartered Institute for Securities & Investment in 2007, following the completion of her CISI Diploma.
Emma Varley
Investment Director
Joined Ruffer in 2012 after graduating from St Andrews University with a first class honours degree in History. She is a member of the Chartered Institute for Securities & Investment following completion of the CISI Masters in Wealth Management.
80 Victoria Street
London SW1E 5JL
31 Charlotte Square
Edinburgh EH2 4ET
103 boulevard Haussman
75008 Paris, France