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

Just bluster?

Ideas, thoughts and comments
Ruffer
Retail investors don’t just join the story; they increasingly set the tone, amplify the plot and sometimes even write the ending.
Gemma Cairns-Smith, Investment Specialist
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In conversation with Jon Dye
Jon Dye joins Investment Specialist Gemma Cairns-Smith to discuss his career, his perspectives on markets, and what he will bring to the role of Co-CIO.
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Always a puzzle never a game
Tony Dye was CIO of one of the UK’s largest pension fund managers in the 1990s. Most people knew him for his value-driven investment approach and his warnings on the dot.com bubble. But I knew him as Dad. His experience taught me some key lessons which are every bit as valuable today – arguably more so.
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Grain expectations
June 2026: Relative to oil, agricultural commodities are underpricing geopolitical risk, and we think they offer an asymmetric hedge as fertiliser constraints could put upward pressure on crop prices.
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The Green Line
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Grain expectations
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Fear over fundamentals
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Strait lines, narrow choices
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Takaichi – Japan’s Thatcher, or its Truss?
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Task Force on Climate-related Financial Disclosures
Our sixth annual TCFD Report looks at Ruffer’s alignment with the TCFD recommendations, covering governance, strategy, risk and targets.
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A market miscellany
China’s investment in higher education and STEM subjects has caused patent applications to skyrocket. It’s all part of Beijing’s plan to overtake the West in innovation.
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Six mindsets for greatness
Guest contributor Jake Humphrey talks about Game Plan, which uses lessons from his High Performance Podcast to teach young people the secrets behind high achievers’ success.
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Ruffer Radio
Ruffer Radio
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In conversation with Alexander Chartres
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In conversation with Michael Biggs
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In conversation with Chris Bacon
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Ruffer Radio
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