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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

Responsible investment

Articles and thoughts on our approach to responsible investing
Q1 2024 Report
In this quarter's report, we shine a spotlight on our recent engagements with BP and Ryanair and show how our approach to energy transition plans works in practice to help identify sources of both risk and opportunity.
Q4 2023 Report
After a year dominated by talk of generative AI, it’s easy to forget the paramount importance of people when it comes to productivity. We engaged with Grifols, a Spanish bio-pharma company, about high staff turnover.
Q3 2023 Report
We outline some of the difficulties of engaging when it comes to commodity investments and explain our efforts to find ways around them. This quarter's engagements in focus are with BAT, ArcelorMittal and Perseus Mining.
Task Force on Climate-related Financial Disclosures
Our third annual TCFD Report looks at Ruffer’s alignment with the TCFD recommendations, covering governance, strategy, risk and targets.
Responsible Investment Report
Whilst we engage with companies year-round, voting season is generally concentrated in the second quarter of the year. We take a closer look at how we used our votes in Q2 to reinforce and complement our engagements with four companies across a broad range of sectors.
Annual Stewardship Report
Our 2022 report highlights the depth and breadth of our global stewardship activities. Our focus on direct engagement with company management has given us a fuller understanding of the companies our clients are invested in.
Responsible Investment Report
This quarter’s Responsible Investment Report explains how companies setting high hurdle rates for projects can torpedo innovative solutions for problems such as climate change. We also detail our latest engagements with a wide assortment of companies around the world.
The Net Zero Asset Managers initiative
The core goal of the Net Zero Asset Managers initiative (NZAM) is reducing emissions in the sectors its signatories invest in. This report looks at what NZAM is and how Ruffer is working towards meeting that goal.
Responsible Investment Report
In this quarter’s report, we delve into our engagement with one of the leading European airlines to gain a fuller understanding of its efforts to reduce carbon emissions. We also engaged with a Japanese precision machinery company on recruitment of women to senior roles, and with a multinational beauty business on a range of issues from independent directors to raw materials sourcing.
Task Force on Climate-related Financial Disclosures 2022
Our second annual TCFD Report gives an update on how Ruffer considers climate change risks (both physical and transition) and opportunities in our clients’ portfolios. It also discusses some of our recent engagements with companies to help deliver better climate outcomes and with data providers to generate more useful metrics.
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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