Fund Management
Ruffer Co-Founder Retires And Steps Down From Board
Jane Tufnell is retiring from the wealth firm Ruffer at the end of June.
Jane Tufnell is retiring from the wealth firm Ruffer at the end of June.
Tufnell co-founded the business in 1994 alongside Jonathan Ruffer
and Earl Ferrers. She will also step down from Ruffer’s
management board.
In the space of ten years Ruffer has grown to number 198 staff
and has offices in London, Edinburgh and Hong Kong.
"The whole character of the firm, which is now its permanent
feature, was in a large part set by Jane. Her departure from the
business is a moment to realise that firms do not become what
they are by chance but through the people who forge them from
their earliest years," said Jonathan Ruffer, executive
chairman. "This is a poignant moment for me personally and we all
owe her a very great deal."
Total assets managed by the firm now exceed £16 billion($26.5
billion) while turnover rose 11 per cent to £146 million in 2013.
