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 provides investment management services for a range of different institutions, including pension funds, family offices, wealth managers, local governments, corporations, investment companies and insurance companies.

Our investment process is different to most. It is designed to protect and then grow the value of our clients’ portfolios – avoiding large losses and harnessing the power of compounding over time.

It’s by putting safety first that we have made good money for our clients. Through boom and bust. For over 26 years.

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
Stewardship Environmental, social and corporate governance (ESG) issues are fully integrated into our process
Investors €27,9 billion under management as at 31 October 2021 - private investor origins, now over 60% institutional investors
Offices London, Edinburgh, Paris, Hong Kong and Guernsey
Founded 1994
People Over 350 work at Ruffer as at 31 October 2021
Ownership Independent private partnership, an owner-managed firm

We take on the duty of allocating assets and managing risk – with all the responsibility this brings.
Henry Maxey, Chief Investment Officer
We offer
Approach Single approach – multi-asset and unbenchmarked
Philosophy Unchanged since we started in 1994
Returns Long-term returns ahead of cash, inflation and equities
Protection Clients protected from the bursting of the dot.com bubble, the credit crisis and the crash in Q1 2020, but please remember past performance is not a guide to future performance
Process  Distinctive, clear and repeatable
WHO TO CONTACT
David Moos
David Moos
Investment Director, Paris
Joined Ruffer in 2019 from Finalpha, where he was the co-founder. He has 18 years of experience acting as the liaison between portfolio managers and French and Italian investors. His previous roles include IT Asset Management, Crédit Agricole and Banque de l’Union Européenne.
Benjamin_Boucher-Ferte
Benjamin Boucher–Ferté
Investment Director
Graduated from ESCP Europe in 1999 and joined the Private Wealth Management group of Goldman Sachs in London after completing his National Service with Renault Financial Services. In 2004, he participated in the launch of Fulcrum Asset Management where he was a Director until 2010, when he joined Ruffer.
Where does Ruffer fit?

We have a distinctive investment style, offering an alternative to volatile equity investment and to traditional active fund management.

Our approach is sometimes categorised as ‘diversified growth’ or ‘dynamic asset allocation’.

Typically, institutional clients use Ruffer in one of three ways

  • as the manager for all of their assets

  • as part of their allocation to uncorrelated alternative assets

  • as part of the growth assets in a strategic asset allocation

Our investment service

Ruffer provides discretionary investment management to institutional clients.

Institutions that invest with Ruffer can have their own segregated portfolio, or invest via a pooled fund.

Segregated portfolios can be tailored to clients’ requirements – to incorporate investment restrictions, for example.

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