Our aim?

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

Ruffer

Ruffer provides investment management services for financial advisors and wealth managers across the country.

Your clients like making money, and hate losing it. Most will hate losing money more than they like making it.

At Ruffer, this shapes our investment philosophy, and the way we invest.

We offer a distinctive all-weather approach, designed to perform in all market conditions. Our focus is on capital preservation and prudent growth.

At a glance
We do One thing – investment management
The strategy  Global, multi-asset, absolute return
So far A 31 year track record, 7.8% net annualised returns as at 31 October 2026
Stewardship Environmental, social and corporate governance (ESG) issues are integrated into our process
Investors £17.1 billion under management as at 31 October 2026
Offices London, New York, Paris, Edinburgh and Guernsey
Founded 1994
People Over 240 work at Ruffer as at 31 October 2026
Ownership Independent private partnership

 

Past performance is not a guide to future performance. Regulatory performance disclosure


GET IN TOUCH
Joshua Gunson
Director – UK Wholesale
Joined Ruffer in 2010, working in the Product and Fund Relations teams. He holds a degree in philosophy from the University of Nottingham and an MBA with distinction from Bayes Business School, and focuses on building relationships with financial planners and wealth managers throughout the UK.
Tim Gordon
Director – UK Wholesale
Joined Ruffer in 2021 to develop UK wholesale distribution. He previously spent five years at Robeco developing their UK business and five years at SKAGEN as Head of UK Wholesale.
Our approach
How Financial planners use Ruffer to bolster returns, provide diversification, and help control risk 
Returns Strong track record of positive returns with low correlation to conventional investment strategies
Protection Positive performance through the dot.com bust, global financial crisis and covid-19 
Perhaps An attractive alternative to volatile equity markets 
Philosophy Unchanged since we started in 1994

 

Past performance is not a guide to future performance. Regulatory performance disclosure



Inside the cult of equities
Equities’ popularity has grown in recent years, especially in the US. Their current status is deserved – but we need to remember some important lessons from financial history.
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Living in von Neumann’s shadow
John von Neumann made major contributions to the development of atomic weapons and AI. Understanding his thinking about these existential threats is of particular relevance today.
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Out of the woods?
Nov 2026: Markets are at a crossroads. We discuss what could follow the current ‘rates shock’ regime and explain how we’re positioning the portfolio for different possible outcomes.
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London
Ruffer LLP
80 Victoria Street
London SW1E 5JL
Paris
Ruffer S.A.
103 boulevard Haussmann
75008 Paris, France
New York
Ruffer LLC
300 Park Avenue
New York NY 10022
Edinburgh
Ruffer LLP
31 Charlotte Square
Edinburgh EH2 4ET