Ruffer Equity & General beats its peers

fund achieves 8.76% bid to bid and is the only portfolio in the active managed sector to deliver a positive return over a three-year period

Ruffer Equity & General is the only fund in the Active Managed sector to have delivered a positive return over the three years to the end of June. The portfolio achieved a return of 8.76%, bid to bid, over the three year period, significantly outperforming the sector average of -30.34%. The portfolio also had the highest annualised alpha at 11.22 against a sector mean of -0.07, while also posting the lowest beta in the sector at 0.75, well below the average of 1.02. The sector mean return over the 12 months to end of June 2001 was -10.9%, with only three funds registering a positive re...