All-weather investing

Seeking good positive returns.

Come rain or shine.

Ruffer provides investment management services for institutions, pension funds, charities, financial planners and individual investors.
Ruffer LLP
Select Location
UK
Europe
Australia
US
Asia
Middle East
Channel Islands
Rest of world
Type of investor
Individual investors
Institutional
Charity
Family office
Financial planner
Individual investors
Institutional
Charity
Wholesale
Institutional
Institutional
Institutional
All investors
All investors
London
80 Victoria Street
London SW1E 5JL
Edinburgh
31 Charlotte Square
Edinburgh EH2 4ET
Paris
103 boulevard Haussmann
75008 Paris, France

Our aim?

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

Ruffer

Ruffer LLP is a London-based firm founded in 1994, with over $32.3 billion of assets under management.

We provide investment management services to family offices, wealth managers, superannuation funds and endowments and foundations in Australia. 

Over 26 years the Ruffer portfolio has delivered consistent positive returns with a low correlation to equities (and other asset classes).

This success is the result of a disciplined and genuinely different investment philosophy and approach.

At a glance
We do One thing – investment management
The strategy Global, multi-asset, absolute return
So far  A 26 year track record, 9.0% net annualised returns
Protection Positive performance through the dot.com bust, global financial crisis and covid-19 
Stewardship Environmental, social and corporate governance (ESG) issues are fully integrated into our process
Investors Private investor origins, now over 60% institutional investors worldwide
Slavery statement View our statement on modern slavery
Who to contact
Alex_Lennard
Alex Lennard
Investment Director
Joined Ruffer in 2006 after graduating from Exeter University with an honours degree in economics and finance. He is a member of the Chartered Institute for Securities & Investment. He initially worked as associate for Jonathan Ruffer and now manages institutional investment portfolios. He sits on the senior asset allocation committee and is co–manager of two of Ruffer’s flagship funds. He is also a Non-Executive Director of the JPMorgan European Investment Trust.
Matt_Smith
Matt Smith
Investment Director
Joined Ruffer in 2011 after graduating from Edinburgh University with a first class honours degree in history and German. He spent 2015 seconded to Ruffer’s Hong Kong office as an equity analyst, and is a fellow of the Chartered Institute for Securities & Investment, having received a distinction in the financial derivatives paper. He sits on the senior asset allocation committee and co-manages two of Ruffer’s flagship funds.
Melissa Kampner
Investor Relations Manager
Joined Ruffer in 2021, focusing on international institutional client relationships. Prior to Ruffer, she spent 13 years at JPMorgan in both institutional asset management and the private bank, in New York and London. She graduated from Brandeis University in 2007 with a BA in Economics and Spanish.
A single investment strategy

Our approach is unchanged since Jonathan Ruffer (Chairman) founded the firm in 1994.

Jonathan Ruffer and Henry Maxey (CIO) work side by side to lead the strategy and set the asset allocation.

All the firm’s resources are focused on delivering this single investment strategy.

ABOUT RUFFER
Offices London, Edinburgh, Paris, Hong Kong and Guernsey
Founded 1994
Ownership Independent private partnership, an owner-managed firm
People Over 350 work at Ruffer as at 31 October 2021
We take on the duty of allocating assets and managing risk – with all the responsibility this brings.
Henry Maxey, Chief Investment Officer
Ratings

The Ruffer Total Return Australia fund follows Ruffer’s investment philosophy and process and has been assigned a rating of Recommended by Zenith Investment Partners.

London
80 Victoria Street
London SW1E 5JL
Edinburgh
31 Charlotte Square
Edinburgh EH2 4ET
Paris
103 boulevard Haussmann
75008 Paris, France