Our aim?

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

Ruffer

Ruffer is a well-established investment manager for charities.We have €1.1bn under management for over 200 charity clients, as at 31 August 2026.

We take on the responsibility for investing a charity’s assets, including managing the risk, and coping with uncertainty.

Rather than place a charity’s funds on the market rollercoaster, we aim to deliver consistent positive returns. Our distinctive all-weather approach is designed to perform in all market conditions.

With a focus on capital preservation and prudent growth, we stand as partners with charity trustees, for the long haul.

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 integrated into our process
Clients Around 5,300 worldwide. Mainly individuals and families, pension funds and charities
Offices London, New York, Paris, Edinburgh and Guernsey
Founded 1994
People Over 240 work at Ruffer as at 31 August 2026
Assets €21.0 billion under management as at 31 August 2026
Ownership Independent private partnership
GET IN TOUCH
Chiara Ruta
Chiara Ruta
Director – Europe
T +33 (0)1 88 45 02 59
Joined Ruffer in 2021, to expand the institutional clients business across continental Europe. Previously at Morgan Stanley and EBRD (the European Bank for Reconstruction and Development), she holds a master’s degree in economics from Bocconi University, Milan, and is fluent in Italian, English, French and Spanish.
Our approach
How A single strategy across all assets under management
Returns Strong track record of positive returns with low correlation to conventional investment strategies
Protection Positive performance through dot.com bubble, the credit crisis and the crash in Q1 2020 
Process  Distinctive, clear and repeatable 
Perhaps An attractive alternative to volatile equity markets

 

Past performance is not a guide to future performance. Regulatory performance disclosure
Ruffer Review
Six mindsets for greatness
Guest contributor Jake Humphrey talks about Game Plan, which uses lessons from his High Performance Podcast to teach young people the secrets behind high achievers’ success.
13 mins | Jake Humphrey
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Ruffer Review
Crude awakenings
The shale revolution transformed US oil and gas output, profoundly altering the global energy balance. If the shale boom is now over, that will have enormous geopolitical and economic consequences.
14 mins | Oliver Shale
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Green Line
Valuing volatility
Oct 2026: Market volatility is low, but the underlying stock movements tell a different story. This month, we explore what falling correlations could mean for investors.
6 mins | Nicole Wardle
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Our charity clients

We manage money for charities, both large and small.

Our clients range from hospitals, universities and schools, livery companies, religious bodies, community foundations and grant-making endowments.

Our charity partners

Ruffer works with a number of bodies to provide support to the charity sector.

We hold and sponsor events, provide training for trustees and share investment thinking with our clients and the broader sector via our partnerships and charity publications.

Our engagement through partnerships helps ensure we truly understand the challenges and opportunities charities are facing. Our main partners are listed below.

London
Ruffer LLP
80 Victoria Street
London SW1E 5JL
Directions | Map +44 (0)20 7963 8100
Paris
Ruffer S.A.
103 boulevard Haussmann
75008 Paris, France
Directions | Map +33 (0)1 88 45 02 54
New York
Ruffer LLC
300 Park Avenue
New York NY 10022
Directions | Map +1 917 947 3003
Edinburgh
Ruffer LLP
31 Charlotte Square
Edinburgh EH2 4ET
Directions | Map +44 (0)131 202 1602