Ruffer Investment Management has laid off 20 employees in the UK, becoming the latest asset manager to cut jobs.
Investment Week understands the move has impacted around 6% of the workforce across several divisions of the business. The changes are part of a refocusing effort on Ruffer's core teams in the UK – private wealth, institutional and wholesale – as it also plans an expansion in the US, and to bolster its institutional client base internationally. BennBridge UK joins growing industry trend with fresh job cuts A spokesperson for Ruffer said: "There have been no changes to senior management or investment leadership. Around 20 roles were impacted across general counsel, technology, priva...
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