Ruffer Investment Company (RICA) was launched in 2004, and it is one of a handful of wealth-preservation trusts that sit within the AIC's Flexible sector. It follows the Ruffer investment approach of aiming to "generate consistent positive returns, however financial markets are performing." To date, RICA has largely succeeded in doing that, with just a handful of negative financial years, all of which resulted in losses of less than 3%. The Ruffer strategy has also stayed ahead of its two comparators over the last three decades, being the FTSE All-Share and twice the UK bank rate. RICA tends t...
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Exclusive to subscribers to the Money Makers Circle Contents - On the podcast this week - Latest trust profile - Trust news over the past week - Recent issuance and buybacks - Thoughts on the news - Good reads - This week's biggest movers - Video reviews - Appendices
On the podcast this week On the podcast this week I discuss the market reaction to the Federal Reserve's 0.5% interest rate cut and look ahead to the US election and the outlook for global markets with Craig Baker, the lead manager of Alliance Trust (ATST) and Duncan MacInnes, manager of Ruffer (RICA). It is a chance to look at t...
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Exclusive to subscribers to the Money Makers Circle Contents - On the podcast this week - Latest trust profile - Trust news over the past week - Recent issuance and buybacks - Thoughts on the news - Good reads - This week's biggest movers - Video reviews - Appendices
On the podcast this week The podcast returns this week after its break. It is still a quiet period in the markets, so I have used the time to discuss some recent announcements from a number of well-followed trusts with Andrew MacHattie, editor of the Investment Trusts newsletter. Trusts discussed include J.P.Morgan American (JAM)...
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Exclusive to subscribers to the Money Makers Circle Contents - On the podcast this week - Latest trust profile - Trust news over the past week - Recent issuance and buybacks - Thoughts on the news - Good reads - This week's biggest movers - Video reviews - Appendices
On the podcast this week There is no podcast this week because of holidays. The previous week's episode featured the best-performing UK Equity Income trust, the quaintly named 135-year-old Law Debenture Corporation (LWDB). I talked to Denis Jackson, CEO of the company, who manages its professional services business, and Laura Fol...
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Exclusive to subscribers to the Money Makers Circle Contents - On the podcast this week - Latest trust profile - Trust news over the past week - Recent issuance and buybacks - Thoughts on the news - Good reads - This week's biggest movers - Video reviews - Appendices
On the podcast this week The podcast this week features the best-performing UK Equity Income trust, the quaintly named 135-year-old Law Debenture Corporation (LWDB). I talk to Denis Jackson, CEO of the company, who manages its professional services business, and Laura Foll, co-manager with James Henderson of the equity portfolio ...
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Subscriptions update The new system has, I believe, now normalised, but a reminder that if you have any queries about your subscription please email this address (info@money-makers.co). For any queries to do with the content please feel free to contact me directly via editormm124@gmail.com. If you have been in contact and I have not replied yet, the backlog is shrinking. I am grateful for all the kind words that subscribers have offered about the new weekly email. On the podcast this week On this week's podcast, I talk to Matt Hose, alternatives analyst at the broker/investment bank Jeffries ...
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Subscriptions update I believe (hope) that we are now genuinely close to having sorted out all the residual issues arising from the upgrade of our subscription system. If you have been affected, thanks for your patience and tolerance while we have rectified the situation. If you find yourself still being charged twice for your subscription, which has regrettably happened in a small handful of cases, please let me know as soon as possible and we will refund you immediately. Any other queries about your subscription please email this address (info@money-makers.co). For any queries to do with the...
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