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
Ian_Rees

Ian Rees

Fund Manager
Joined Ruffer in 2012, graduating from the University of Bath with an honours degree in economics. Ian managed portfolios for a range of institutional investors and worked on equity research in our Hong Kong office, becoming a fund manager on our investment team. He is a CFA charterholder and has a keen interest in bottom-up equity research.
Articles by Ian
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.
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.
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.
Inflation: bad for portfolios, good for society?
As inflation has soared to its highest level for 40 years, financial markets have taken fright, with most bond and equity markets down significantly so far in 2022. In fact, the US is now officially in a bear market, and inflation pressures show few signs of fading – quite the contrary.
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