WELCOME TO RUFFER

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

Just bluster?

Ideas, thoughts and comments
Ruffer
The market is dominated by quantitative trading, grabbing pennies in front of the steamroller. This is now the dynamic driving the market, and so long as it continues, it will make money.
Jonathan Ruffer, Chairman
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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?
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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.
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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.
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Ruffer Radio
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Survival at 5?
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From the Chairman
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Early and ready
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Something always breaks
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Ruffer Radio
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.
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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.
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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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The Green Line
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Out of sight, out of mind
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Digital gold or physical bitcoin?
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St Jay and the inflation dragon
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A golden ticket?
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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