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
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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 is one of the largest charity investment managers in the UK.

We have £1.5 billion under management, for over 240 charity clients as at 31 October 2021.

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 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
People Over 350 work at Ruffer as at 31 October 2021
Assets £23.6 billion under management as at 31 October 2021
Ownership Independent private partnership, an owner-managed firm
CHARITY CONTACTS
Christopher_Querée
Christopher Querée
Investment Director
Previously Director at Le Masurier, James & Chinn, now absorbed within the HSBC Group. He spent thirteen years there, with responsibility for offshore private clients, moving to Chiswell Associates in 2001 to focus on charity fund management, before joining Ruffer in 2004 to help develop the firm’s charity business. He holds an MBA from Henley Management College and is co-manager of Ruffer’s Common Investment Fund, the Charity Assets Trust.
Ajay_Johal
Ajay Johal
Investment Manager
Graduated from the University of Warwick with a degree in history and sociology and worked at Barclays Wealth before joining Ruffer in 2014. In 2019, he worked as an equity analyst in Ruffer’s Hong Kong office, before returning to the charities team in London as an Investment Manager. He is a member of the Chartered Institute of Securities & Investment and is co-manager of the Charity Assets Trust.
Our approach
How A single strategy across all assets under management
Returns Long-term returns ahead of cash, inflation and UK equities 
Protection Positive performance through 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 
Perhaps An attractive alternative to volatile equity markets
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.

We have a specialist charity team of seven investment professionals.

In managing assets for so many charities we have an almost unimaginable responsibility. We bear this responsibility with bravery, and very great caution.
Jonathan Ruffer, Chairman
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.

We’ve come up with a short guide for trustees to help navigate charity finances through the pandemic.

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