Chris Bacon

Spear’s Review

Ruffer, under Chris Bacon’s stewardship, sees itself as ploughing a different furrow to other investment houses, aiming to avoid losses in difficult times more than to take advantage of favourable conditions to achieve peaks of growth. All funds are balanced between growth prospects and protection against dips in the market, a primary aim being not to lose money over 12 months on any portfolio.

Bacon, Ruffer’s young (he was born in 1982) and thoughtful chief executive, worked at the Foreign Office, Barclays and Rothschild before joining Ruffer in 2017. He holds a first class honours degree in economics and international development from the University of Bath, and is a member of Ruffer’s board and executive committee.