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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

All articles

As easy as ABC
November 2024: China’s stocks have massively underperformed the US for decades, but rock-bottom valuations, government stimulus and depressed investor sentiment are creating an opportunity. Sometimes the best investments are when things go from awful to bad.
Your Last Gift
Matthew Hutton’s guide to end-of-life planning addresses crucial but often overlooked aspects of estate planning. Through practical checklists and straightforward advice, the book aims to simplify this complex but necessary process to reduce future stress for loved ones.
Stuck in the middle with EU
October 2024: Declining car production reveals just how exposed German industry is to the new Cold War. The political and economic consequences for the EU will be profound.
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.
A few good choices
Isaac Newton said, “If I have seen further it is by standing on the shoulder of giants.” At five foot one, my grandmother wasn’t a conventional giant. But she’s helped me see further, and better. And helped me in my own way to make better decisions.
Investment Review
October 2024: For 30 years, Ruffer’s chief concern has been the preservation of clients’ money. In this quarter’s review, Jonathan Ruffer revisits the merits, and measures, of this aspiration in the context of today’s market environment.
A market miscellany
We explore the limitations of AI, the difficulty of assessing probabilities, ways to tackle youth unemployment and the blurring of the line between purchases and investments.
Election 2024
September 2024: As the US presidential race enters its final straight, Dr Tim Smith and Alexander Chartres join Rory McIvor to discuss how investors are weighing up the prospects of a new administration.
Trump, tariffs and election trade-offs
September 2024: As markets try to weigh the outcome of the upcoming US election, Economist Jamie Dannhauser looks at the possible inflationary effects of the candidates’ policy platforms.
Sep 2024 portfolio update
How did August’s market whipsaw impact the Ruffer portfolio? What can we learn from investors’ reaction? Have recent events changed our thinking?
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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