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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

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.
Out of sight, out of mind
April 2024: Markets today are very different to the pre-2008 era. But has systemic risk been removed or relocated?
Investment Review
April 2024: Jonathan Ruffer discusses the stock market’s seemingly invincible summer. This has created distortions in both debt and equity markets, and with them, opportunities to benefit from a change in the season.
Gravity always wins
Whilst machines are clearly superior at short-term investing, their systematic strategies may create opportunities human investors can exploit over the long term.
Digital gold or physical bitcoin?
March 2024: With bitcoin and equity markets breaking through all-time highs, there can be no mistaking investors bullishness so far this year. But it isn’t only typical ‘risk assets’ climbing higher.
Something new under the sun
Several new features of the global financial system have increased both the risk of a market crisis and its likely severity.
Ruffer Review 2024
The Ruffer Review 2024 presents a wide-ranging collection of articles on financial markets, their participants, geopolitics and much more.
Thinking in Bets
In Thinking in Bets, Annie Duke distils her insights from academia and professional poker into decision-making advice which can lead to improved investment skill.
Material World
Ed Conway's Material World highlights the disconnect between our technological, services-based society and the physical materials underpinning it, raising questions around climate goals.
The Currency of Politics
In The Currency of Politics, Stefan Eich argues that successive asset price bubbles show money needs to come back under explicit political control.
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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