WELCOME TO RUFFER

All-weather investing

Seeking consistent positive returns.

Come rain or shine.

Ruffer provides investment management services for institutions, pension funds, charities, financial planners and individual investors.
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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
Charles_Lynne

Charles Lynne

Director – Private Wealth and Charities
Joined Ruffer in 2008 and manages investment portfolios for individuals and charities. Previously at Morgan Stanley Investment Management, including a placement in Asia. He holds a first class honours in natural sciences from Durham University and is a Chartered Fellow of the CISI.
Articles by Charles
Q4 2025 report
What happens to responsible investing when the most powerful man in the world wages war against it? This quarter’s report examines ESG investing in the age of retrenchment.
Investment Review
January 2026: Jonathan Ruffer reflects on over 30 years in investment management and warns that today’s speculative market exuberance will eventually face a reckoning.
Podcast: Interactive Investor
Fund Manager Ian Rees speaks to Interactive Investor about AI development, index funds versus ETFs and how Ruffer’s portfolio fared earlier this year when stock market volatility picked up.
Against the odds
Dec 2025: Prediction markets are entering the financial mainstream, offering crowd-sourced forecasts on real world events. But could they end up adding yet more risk to the system?
How Ruffer can protect – and grow – your capital 
With the return of inflation ripping up the asset allocation rule book, investors need a new approach to protect their wealth – while keeping their eyes open to growth opportunities.
Made in China – AI too?
Nov 2025: After years of underperformance compared to US rivals, China’s tech shares are showing signs of life. This month’s chart tracks their comeback, and looks at the themes behind the move
The great British bull case
Oct 2025: With the UK Budget approaching, all eyes are on the deteriorating public finances. But private sector balance sheets are in good shape – and could drive GDP growth.
Oct 2025 portfolio update
Fund Managers Ian Rees and Jasmine Yeo review Ruffer’s year-to-date performance, discuss recent portfolio changes and outline how the portfolio is positioned for the key risks and opportunities ahead.
Q3 2025 Report
In our latest report, we look at two animals at opposite extremes of the food chain and climatic conditions. Both are keystone species – that is, disproportionately important to the health of their entire ecosystem.
Investment Review
October 2025: After fifty years of almost uninterrupted bull markets, Jonathan Ruffer examines whether we’re approaching a turning point.
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