Ruffer director Jane Tufnell is set to retire from the firm she helped to found twenty years ago, after stepping down from the board.
Tufnell (pictured), who was a founding member of the fund manager alongside Jonathan Ruffer and Earl Ferrers, will leave the group at the end of June.
Jonathan Ruffer said the character of the firm was in a large part set by Tufnell: “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.
“This is a poignant moment for me personally and we all owe her a very great deal. All of us wish her much happiness and success in her future endeavours.”
Tufnell ran a portion of the NatWest pension fund - focusing on UK smaller companies - before helping to establish Ruffer in 1994.
She is a non-executive director of the Diverse Income, TR European Growth trust and JP Morgan Claverhouse Investment trusts.
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