The managers of the Ruffer Investment Company have said it is facing a difficult decision on what to do with its index-linked bond allocation, which has been a key holding for the trust but has not performed as well in recent months.
Last year, Ruffer managers Steve Russell (pictured), Hamish Baillie and Duncan MacInnes called index-linked bonds the "crown jewel" of the portfolio, supported by sterling weakness in the aftermath of...
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