Ruffer appoints co-CIO as founder Jonathan Ruffer hands over control to partners

Neil McLeish receives promotion

Ruffer has promoted head of investment strategy Neil McLeish to co-chief investment officer as founder and chair Jonathan Ruffer hands over control of the firm to its working partners.

McLeish will work with Henry Maxey, who since 2010 has set Ruffer's investment strategy and asset allocation alongside Ruffer and supported a team of senior fund managers and research analysts. His appointment, subject to regulatory approval, is a move to support the succession planning Ruffer began in 2010.  He will remain as chair and continue to be closely involved with the firm's investment strategy but will be handing control of the firm to its working partners to secure its future as an independent private partnership. Hamish Baillie leaves Ruffer after two decades McLeish...