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

Market views

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.
Podcast: Investors’ Chronicle
Fund Manager Jasmine Yeo talks to Investors’ Chronicle about bonds, commodities and the end of US exceptionalism.
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.
The Ugly Duckling portfolio
The Ruffer portfolio is filled with ugly ducklings. Unloved and out-of-favour assets, spurned by most investors. We believe these assets can transform and prove their worth just when they are needed most.
Podcast: Merryn Talks Money
Fund Manager Alexander Chartres joins Merryn Somerset Webb and ByteTree CEO Charlie Morris to discuss Bitcoin and gold.
Rethinking portfolio construction
Fund Manager Alex Lennard and Lawrence Parker-Brown from The Inside Network discuss Ruffer’s outlook for markets and portfolio construction amid major regime change.
Inflation volatility demands investors think differently
The asset management industry has thrived in a disinflationary world for 40 years, favoring capital. If labor gains dominance, how will that affect asset allocation? Investment Manager Fiona Ker explores inflation volatility with the Portfolio Construction Forum.
The Hemingway recession
Markets periodically face moments when improbable events become harsh realities. Economist Jamie Dannhauser warns we are nearing such a point, examining financial system vulnerabilities and how central banks cannot solve inflation without significant investor impact.
Winning by not losing
Investment Manager Fiona Ker and James Dunn from The Inside Network discuss Ruffer’s outlook for markets in 2023 and beyond.
Career-ing into liquidation
The rapid demise of Silicon Valley Bank – the second-largest US bank failure in history – has caught markets by surprise. While we don’t expect a repeat of the 2008 global financial crisis, dismissing the broader risks to the financial system would be a mistake.
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