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 has been providing investment management services to individuals and families since 1994.

Our conservative investment process uses conventional assets in a different way to most managers.

It is designed to protect and grow the value of our clients’ assets – avoiding large losses, and harnessing the power of compounding over time.

Put simply, we are a natural partner for families seeking a long-term home for their ‘rainy day’ money.

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
We offer a genuinely uncorrelated source of returns, providing real diversification to our family office clients.
Omar Kodmani, Head of International and Institutional
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
WHO TO CONTACT
Emma_Rutter
Emma Rutter
Investment Director
Joined Ruffer in 2001 after graduating from Edinburgh University with an honours degree in economics and business studies. She is a member of the Chartered Institute for Securities & Investment, following the completion of her CISI Diploma in 2004.
Duncan_Macinnes
Duncan MacInnes
Investment Director
Joined Ruffer in 2012. He graduated from Glasgow University School of Law in 2007 and spent four years working at Barclays in Glasgow, London and Singapore. He is a CFA charterholder and is co-manager of Ruffer Investment Company.
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, family office clients use Ruffer in one of three ways

  • as a low cost, liquid part of their allocation to uncorrelated alternative assets 

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

  • to preserve wealth for the next generation 

Our investment service

Ruffer provides a discretionary investment management service to family offices in a number of countries worldwide.

Families investing 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.

Ruffer can also act as a thought partner for our family office clients, sharing expertise on, for example, asset allocation and ESG.

As a private partnership with a genuinely long-term investment strategy, Ruffer’s culture, ethos and time frame are all closely aligned with those of its family office clients.

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