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IN BRIEF: Ruffer Investment returns 3% in March, favours value stocks

9th Apr 2021 11:30

Ruffer Investment Co Ltd - Guernsey-based investment company - Reports 3.0% rise in net asset value in March after allowing for dividend payment, underperforming FTSE All-Share index, which rose 4.0%. Net asset value rose 7.3% in the first quarter. Company favours value stocks and inflation-linked bonds over growth stocks and conventional bonds, as second-half economic boom will drive inflation.

Current stock price: 285.40 pence

Year-to-date change: up 9.9%

By Ivan Edwards; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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Ruffer
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Value8,809.74
Change53.53