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RICA Ruffer Investment Company Ltd

270.00
-1.00 (-0.37%)
02 May 2024 - Closed
Delayed by 15 minutes
Ruffer Investment Investors - RICA

Ruffer Investment Investors - RICA

Share Name Share Symbol Market Stock Type
Ruffer Investment Company Ltd RICA London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-1.00 -0.37% 270.00 16:35:12
Open Price Low Price High Price Close Price Previous Close
270.50 269.00 271.50 270.00 271.00
more quote information »
Industry Sector
EQUITY INVESTMENT INSTRUMENTS

Top Investor Posts

Top Posts
Posted at 03/10/2023 18:35 by catabrit
Practically every smart investor I rate - one well versed in history and with a thorough understanding of inflation - is long inflation linked bonds in some capacity.

I think their bet will come good, in time.

But it might take many years, a labour government and a wider market acceptance (based on extrapolating a longer near term data set) that structural inflation is here to stay.

At the minute, governments and central bankers are saying and doing all the right things. Whether that continues in the event of revolution, riots, severe economic hardship is another matter. Just look at the massive rise in shoplifting.

But the second the authorities show their hand, you go long linkers and thus you go long Ruffer.

Until then, this could be a challenging thing to own unless we get a major drawdown. I don’t think that’s unlikely actually as I’m seeing a number of warning signs. Whether it’s the softening of the pound, the loss of momentum in the S&P 500 or a number of non-AI / tech / mega cap stocks hitting new 52-wk lows, there are plenty of data points that together signal potential danger.

Also, I just don’t think we’ve yet seen a major generational change in investor / risk behaviour that typically proceeds a correction.

Just my two cents worth.
Posted at 02/6/2023 16:30 by lowtrawler
spoole5, RICA, CGT and PNL all achieve what they set out to achieve. The recent RICA falls do not prove them to be wrong and taking pleasure in those falls is both childish and ignorant.

You clearly believe you can create your own asset allocation which is better suited to your needs. If so, I am very happy for you. The vast majority of investors do not have those skills and where investors wish to guard against a falling market, the wealth protection funds are one tool at their disposal. Suggesting that NAV reductions in a rising market is proof the wealth protection funds don't work and have no role is just silly.
Posted at 02/6/2023 14:38 by lowtrawler
LOL, and you're qualified to criticise asset strategy how?

RICA follow a more complex asset strategy than either CGT or PNL and most investors wouldn't know where to start in creating a comprehensive defence against most eventualities. This is why their charges are higher. Until you see the market crash, it is impossible to know whether they have got the correct asset allocation.
Posted at 02/6/2023 13:10 by essentialinvestor
Premium arguably a result of performing beautifully during the pandemic plunge
and more volatile condition and paying a premium can be unwise.
There was a time RIT traded at a 6-7% NAV premium!!, not now.

If you don't much care for RICA then don't hold, it's that simple.
The fund is not going to be run at the behest of a small private investor.
Posted at 02/6/2023 04:43 by lowtrawler
melody, my concern is spoole could discourage investors using wealth preservation funds as part of their balanced portfolio. These funds have a valuable role to play but highlighting their recent under performance and suggesting it will be a guide to their future performance could scare some risk averse investors away. The very people who may most benefit from them.
Posted at 04/7/2022 09:38 by lowtrawler
Rather strangely, the 3 investment trusts most investors would turn to for protection in bear markets: CGT, RICA, PNL are all sitting at historically low premiums to NAV. It suggests investor's are less risk averse now than they usually are!
Posted at 19/5/2022 06:14 by chester
topvest - I’m with interactive investor, is the rating you refer within an article on ii ?
Posted at 18/5/2022 20:02 by topvest
I see Interactive Investor have rated this as the best performing defensive trust ahead of Capital Gearing, Personal Assets and RIT Capital Partners. Impressive.

The extra challenge at the moment though is any trust delivering >10% inflation!
Posted at 28/4/2022 14:56 by makinbuks
Agreed, investors are looking for alternative safe havens right now and RICA gets a lot of press coverage for that which is what drives the demand. Last ear they issued the maximum permissible shares allowed and launched a public offering as well with prospectus , etc. Curiously that wasn't so well supported but we may see another such exercise this year
Posted at 18/11/2021 11:34 by slicethepie
I am pretty sure this will have no impact on any salaries paid to the team running this. They are all shareholders in the Ruffer business so will benefit from improved profits. The culture at Ruffer is very different from most investment companies, they attract long term investors who stay in their products for many many years.

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