18th July 2022

Ruffer cuts equities to all-time lows as ‘financial repression’ settles in

Ruffer Investment Company’s total share price for 2022 has fallen 13.9 basis points since this time last year and NAV total return was down 9.4 percentage points, its end of year review found. However, given concerns about the market outlook, the manager has dropped the equity allocation to the lowest weighting since the trust launched in 2003.