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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
Shaheen Zaman

Shaheen Zaman

Research Director
Graduated in 2003 from the Indian Institute of Technology Bombay with B Tech in engineering physics, working in equity research, quantitative equity research, derivatives, and game design until 2008. Joined Ruffer in 2010, having received an MBA with distinction from the London Business School.
Articles by Shaheen
Cultivating food security
Global food security is under increasing threat from climate change and geopolitical tensions. We assess some of the potential solutions, from emerging technologies and sustainable farming practices.
The Red Bull market in US exceptionalism
The macro and market starting points for Donald Trump’s second presidency are very different from his first. Yet he is pursuing the same objectives with greater vigour. The upshot is likely to be destabilising for markets and the global economy.
Time up for traditional asset allocation?
We believe the global economy has entered a new era of higher and more volatile inflation. To navigate it, investors will need to allocate to a broader range of assets. And then manage them actively.
A market miscellany
Is Gen Z really spendthrift and impulsive? And can you stop murders by simply locking up 2% of the population? We see how the data stacks up.
Blowing hot and hotter?
March 2025: Even before any impact from Trump’s tariffs, US CPI inflation surged in January, taking it further away from the 2% target it hasn’t hit for four years.
The stock market barometer
February 2025: Strong gains in equity markets are bolstering US consumer optimism. Yet, with asset valuations close to historical highs and return expectations looking unrealistic, this virtuous cycle could rapidly turn vicious.
Could 2025 challenge market optimism?
January 2025: Fund Manager, Steve Russell discusses the investment risks we see in 2025 – overvalued US markets, Trumps return to office, rising bond yields.
The Year of the Snake
January 2025: After US equities’ strong gains over the past two years, we think the best opportunities for 2025 may lie in overlooked assets elsewhere in the world.
R-Star Wars
Could today’s market optimism about inflation be misplaced? Oliver Shale warns we may be facing an ‘Empire Strikes Back’ moment, with a second wave of price rises on the horizon.
Q4 2024 Report
Our latest report discusses engagement with the agriculture supply chain, and includes a round up of our stewardship activities during the quarter.
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