Duncan MacInnes, senior fund manager and partner at Ruffer, has left the firm with immediate effect.
In a London Stock Exchange notice today (12 February), the board of Ruffer Investment Company (RICA) - the trust he co-managed alongside Jasmine Yeo - said they were notified by Ruffer LLP of MacInnes' departure. Ruffer suffering 'painful moment' as it posts 0% NAV total return for 2024 As a result, Alexander Chartres and Ian Rees will join Yeo, who has been co-manager of the trust since 2022, to help her manage RICA's portfolio. All three will work closely with chief investment officer team, led by Henry Maxey and Neil McLeish. "Therefore, the board is confident that conti...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
