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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

References

Additional information for the Ruffer Review 2020
A MARKET MISCELLANY

Chart 1: The longevity revolution

Based on UN population estimates and medium-variant projections. ‘In the medium-variant projection, global fertility falls from just under 2.5 births per woman in 2019 to around 2.2 in 2050 and further to 1.9 in 2100. Specifically, the medium variant assumes that fertility rates will continue to decline in current high-fertility countries and will increase slightly in countries where women on average are now having well under two live births a lifetime.’

Chart 3: To the bosses, the spoils

CEO average annual compensation is measured for CEOs at the top 350 US firms ranked by sales. The ‘options realised’ measure includes salary, bonus, restricted stock awards, and long-term incentive payouts for CEOs. ‘Typical worker’ compensation is the average annual compensation of the workers in the key industry of the firms in the sample.