Ruffer Llp
- Regulatory AUM
- $24.9B
- Discretionary
- $24.9B
- Clients
- 5,250
- Avg AUM / client
- $4.7M
- Accounts
- 5,250
- Employees
- 282
AUM over time
Annual snapshots from Form ADV filings · as of Jul 15, 2026
Asset allocation (SMA assets by investment type)
as of Jul 15, 2026Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 4,669 | $6.3B | 25.1% |
| Pooled investment vehicles (non-investment companies) | 20 | $13.1B | 52.7% |
| Pension and profit sharing plans | 47 | $1.6B | 6.28% |
| Charitable organizations | 199 | $1.2B | 4.64% |
| Insurance companies | 119 | $190M | 0.77% |
| Corporations and other businesses | 196 | $2.6B | 10.5% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Oct 2024 · $5.8B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Ruffer Sicav Ruffer Total Return International | Other Private Fund | Luxembourg | $5.8B | 800 |
People (14)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Ruffer, Jonathan, Garnier | Executive Chairman And Board Member (And Partner) | Aug 2003 (23y) | Less than 5% | |
| Maxey, Henry, James Macfarlane | Chief Investment Officer And Board Member (And Partner ) | Jul 2006 (20y) | 5% – 10% | |
| Meijs, Fleur | Non Executive Director And Board Member | Feb 2018 (9y) | Less than 5% | |
| Gakic, Luka | Head Of Core Fund Management (And Partner) | Sep 2020 (6y) | Less than 5% | |
| Bacon, Christopher | Chief Executive Officer And Board Member (And Partner) | Apr 2021 (5y) | 5% – 10% | |
| Best, Miranda, Jane | Deputy Ceo And Board Member (And Partner) | Apr 2021 (5y) | Less than 5% | |
| Fleming, Campbell, David | Non Executive Director And Board Member | Jul 2021 (5y) | Less than 5% | |
| Smith, Katie, Jane | Chief Legal Officer (And Partner) | Feb 2022 (5y) | Less than 5% | |
| Rukandema, Twembi, Muntuyera | Non Executive Director And Board Member | Apr 2023 (3y) | Less than 5% | |
| Cullen, Martin, Bernard | Finance Director (And Partner) | Jun 2023 (3y) | Less than 5% | |
| Mcleish, Neil, Alan | Co Chief Investment Officer (And Partner ) | Jun 2023 (3y) | Less than 5% | |
| Mountain, Simon, Oliver | Chief Operations Officer (And Partner) | Jun 2023 (3y) | Less than 5% | |
| Blackford, Edwina, Katherine Heather | Chief Of Staff (And Partner) | Sep 2024 (2y) | Less than 5% | |
| Hodgson, Lucy, Alexandra | Chief Compliance Officer (And Partner) | Sep 2024 (2y) | Less than 5% |
Undisclosed: 20% – 90% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (1, $5.8B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Ruffer Sicav Ruffer Total Return International | Other Private Fund | $5.8B | $1.0K | 800 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 07/15/2026 | 1.42 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Royal Bank Of Canada $10.4B (33% of AUM) Dec 2023
- Caceis Bank, Uk Branch $7.9B (32% of AUM) Jul 2026
- BNY Mellon $1.2B (5% of AUM) Jul 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jul 15, 2026.
View current Form ADV (SEC/IAPD) ↗