t
| TIDM | RICA |
| Share Price | 298.79p-0.17% |
| Market Cap | £1.15bn |
On 12 February 2025, Ruffer Investment Company Limited's Board was notified by Ruffer LLP that co-manager Duncan MacInnes had left Ruffer with immediate effect. As a consequence, Alexander Chartres and Ian Rees joined current portfolio manager Jasmine Yeo to assume responsibility for management of the Company's portfolio from the same date. Jasmine Yeo has been co-manager since 2022, while Alexander Chartres joined Ruffer in 2010 and Ian Rees in 2012.
| Date | 12 Feb 2025 |
| Time | 07:00:05 |
| Category | Miscellaneous |
| ID | 7559W |
12 February 2025
RUFFER INVESTMENT COMPANY LIMITED
(the "Company")
Portfolio Manager Changes
The Board of Ruffer Investment Company (the Company) has been notified by Ruffer LLP ("Ruffer") that co-manager Duncan MacInnes has left Ruffer with immediate effect. As a consequence, it has been agreed that as from today Ruffer partner Alexander Chartres and Ian Rees will join current portfolio manager Jasmine Yeo to assume responsibility for management of the Company's portfolio.
Jasmine has been co-manager of the Company since 2022, and Alexander and Ian are long standing members of the Ruffer fund management team. Alexander joined Ruffer in 2010 and is a lead manager on Ruffer's Total Return and Absolute Return funds, the former since 2019; while Ian joined Ruffer in 2012 and has been a lead manager on Ruffer Diversified Return fund since 2021. Jasmine, Alexander and Ian already work closely with the Chief Investment Officer team, led by Henry Maxey and Neil McLeish. Therefore, the Board is confident that continuity of the Company's investment strategy and process will be ensured.
Enquiries:
Investec Bank plc
Broker
David Yovichic
DDI: +44(0)20 7597 4952
Email: [email protected]
LEI 21380068AHZKY7MKNO47