Ruffer Faces Challenges, Plans Leadership Transition

Ruffer Investment Firm Announces Staff Cuts, Retirement of Founder; Flagship Fund Shows RecoveryRuffer, a renowned investment firm, has undergone significant changes, including a 22% staff reduction and the founders retirement. The companys operating profits dropped by 21% and client assets managed fell by 15%. Despite incorrect market predictions, Ruffers flagship fund has rebounded by 10.7% this year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.