The managers of the £385m Ruffer Investment Company have committed to holding onto index-linked gilts as portfolio protection, despite recent price falls, as they fear interest rate hikes will fail to curb the rise of inflation in the UK.
The managers of the Ruffer trust, Hamish Baillie (pictured), Steve Russell and Duncan MacInnes, said they are holding index-linked bonds for protection against the inevitable rise in inflation, despite...
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