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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
Matt_Smith

Matt Smith

Fund Manager
Joined Ruffer in 2011 after graduating from the University of Edinburgh with a first class honours degree in history and German. Initially working with Ruffer’s institutional portfolio management team, he spent 2015 seconded to Ruffer’s Hong Kong office as an equity analyst. A deliberate macro generalist with a strong affinity for economic history, Matt has been a fund manager in Ruffer’s investment team since 2019. He is a Partner in the firm and a Fellow of the CISI.
Articles by Matt
The road to hell is paved with gold intentions
Winston Churchill's 1925 decision to rejoin the gold standard led to a spectacular boom and bust – and arguably the Second World War. The real question it poses for us: is sound money simply incompatible with full franchise democracy?
Apr 2024 portfolio update
Fund Managers Steve Russell and Matt Smith cover recent market developments, portfolio positioning and our current outlook.
Survival at 5?
January 2024: Can the economy and markets survive interest rates at 5%? Not for long, suggests fund manager Matt Smith – either interest rates must come down or asset prices do.
Ruffer round up Q4 21
January 2022: Investment Director Matt Smith looks ahead to 2022, we briefly review the investments which worked well (and those that didn’t) and assess the opportunities and challenges arising from the return of economic, market and inflation volatility.
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