Ruffer Expands to the US: Aiming to Quadruple Assets under Management

The British management company Ruffer is opening its first office in the United States, reports the Financial Times. Founded thirty years ago, the company primarily caters to private clients, charities, family offices and institutions in the UK, Europe and Australia. But it has already raised nearly $1 billion from pension funds, foundations and endowments in the United States, out of more than $30 billion in assets. Ruffer will open its offices in New York with the ambition of quadrupling the assets under management for American clients over the next few years.