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

Responsible investment

Articles and thoughts on our approach to responsible investing
Q1 2026 report
This quarter we turned our stewardship tool on UK homebuilders — and found an industry navigating real pressures, with wide variation in how well prepared companies actually are.
Q4 2025 report
What happens to responsible investing when the most powerful man in the world wages war against it? This quarter’s report examines ESG investing in the age of retrenchment.
Q3 2025 Report
In our latest report, we look at two animals at opposite extremes of the food chain and climatic conditions. Both are keystone species – that is, disproportionately important to the health of their entire ecosystem.
Q2 2025 Report
In our latest report, we focus on FMC, an agricultural science company specialising in crop protection technologies, and our long-running engagement with ArcelorMittal. We also include the usual round up of our stewardship activities this quarter.
Task Force on Climate-related Financial Disclosures
Our fifth annual TCFD Report looks at Ruffer’s alignment with the TCFD recommendations, covering governance, strategy, risk and targets.
Annual Stewardship Report
Our 2024 report outlines Ruffer’s key stewardship activities, enhancements to our fossil fuel policy and our sustainability performance ranking model.
Q1 2025 Report
Our latest report introduces our new measure for gauging the long-term sustainability of companies’ business models. We also have the usual round up our stewardship activities during the quarter.
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.
Q3 2024 Report
Our latest report focuses on three mainly climate-themed engagements. We also explain why CDP’s Non-Disclosure Campaign can provide invaluable data to help us analyse climate risks and opportunities.
CBAM
The EU’s Carbon Border Adjustment Mechanism (CBAM) is set to revolutionise carbon pricing both within the bloc and beyond, contributing to cleaner, more equitable and more transparent global value chains.
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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