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London
80 Victoria Street
London SW1E 5JL
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31 Charlotte Square
Edinburgh EH2 4ET
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103 boulevard Haussmann
75008 Paris, France

All articles

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Investment Review
October 2021: Ruffer clients have become used to a particular pattern of returns from their portfolios. The pattern hinges on pivotal moments in financial markets, and we are approaching another. In his latest Investment Review, Jonathan Ruffer considers a world trapped by indebtedness and how events have conspired to close off the escape routes for investors.
Hyperinflation and me | The Ruffer Review | Thinking | Ruffer | Investment Management
"I remember my father reporting this note with 11 zeros was worth 'roughly one cabbage' at the time of issue."
This time really is different
June 2020: The sheer scale of the economic heart attack caused by COVID-19 can be difficult to grasp, especially when the sun is shining and lockdowns are starting to ease. But this month’s chart of job losses and recoveries in US recessions since the Second World War brings home the enormity of the damage.
When just in time becomes just in case
May 2020: Balance sheets show the trade-off between resilience and optimisation
The good, the bad and the German pension liability
The dangers of low discount rates and large pension liabilities is not unique to the UK.
How Corporate America stole its own future
November 2019: US companies are paying shareholders more than they can afford
Has We killed the unicorns?
October 2019: WeWork’s ill-fated IPO is the tip of an iceberg
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Investment Review
October 2019: There’s a childhood game, whose name changes each generation – currently called Jenga. It starts as a wall of wooden bricks, and successive players remove individual pieces until the loser takes one out, and down falls the edifice.
Mad for growth
September 2019: Investors chasing growth stocks creates both danger and opportunities
Heads you win… tails you win?
May 2019: Can you have your cake and eat it with index-linked bonds?
London
80 Victoria Street
London SW1E 5JL
Edinburgh
31 Charlotte Square
Edinburgh EH2 4ET
Paris
103 boulevard Haussmann
75008 Paris, France