Fund Manager Update

RNS Number : 0466P

Ruffer Investment Company Limited

07 October 2019

 

RUFFER INVESTMENT COMPANY LIMITED

(a closed-ended investment company incorporated in Guernsey with registration number 41996)

LEI 21380068AHZKY7MKNO47

Steve Russell

On 31 October 2019, Steve Russell is stepping down as one of the fund managers for the Ruffer Investment Company. Hamish Baillie and Duncan MacInnes will continue to manage the Company's investment portfolio. 

Steve has been a fund manager for the Company since inception in 2004, working alongside Hamish (a manager for the Company since 2011) and Duncan (since 2016). He will remain part of the wider investment process at Ruffer.

Commenting on the change, Ashe Windham, Chairman of the Board said: "Steve Russell has been helping to manage the Company's investments for fifteen years and has provided invaluable support for Jonathan Ruffer, when he was lead manager, and since 2011 has provided similar backing for Hamish, for which the Directors are very grateful. This transition has been planned for some time. As 'a slice of Ruffer', the Ruffer Investment Company is a great vehicle through which to access Ruffer's collective vision and management expertise, especially since it is now trading at a slight discount to its Net Asset Value.

Enquiries:

Praxis Fund Services Limited

Shona Darling

DDI: [phone]

Email: [e-mail] 

 

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