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Ruffer suffering 'painful moment' as it posts 0% NAV total return for 2024
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investmentweek.co.ukAccording to RICA's period review published today (16 January), which covers the six months to 31 December, the trust's NAV total return for the period stood at -0.4%, while its share price total return was only 0.2%. Overall, the NAV total return for the 12 months to 31 December 2024 was 0%, with the share price total return seeing a 0.7% decline. Former Ruffer director Harry Sevier launches Lulworth Investment Management According to Duncan MacInnes, manager of the trust, the loss in share price returns was due to a tension between cyclical and structural factors on markets, addi...
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