According to a spokesperson aware of the move, Roe will dedicate his time to portfolio management, focusing specifically on equity and multi-asset strategies.
Ptarmigan Capital, an investment boutique founded by former Waverton duo Doug Barnett and Charlie Jones, has appointed Ed Roe as a senior portfolio manager.
Having briefly encountered Barnett and Jones during a three-month internship at Waverton, Roe has joined the firm after seven years at Ruffer, where he was most recently an investment manager.
Investment Week understands Roe will dedicate his time to portfolio management, focusing specifically on equity and multi-asset strategies.
Ruffer Investment Management cuts 6% of UK workforce
"Delighted to say that after a bit of time off over the summer, today is my first day at Ptarmigan Capital," Roe said in a LinkedIn post earlier this week.
"I am excited to get back into it, building this business with William Davies, Charles Jones and Douglas Barnett. The first chapter of my career, nearly seven years at Ruffer, is done and I cannot wait to see what this next part holds."
Barnett and Jones launched Ptarmigan Capital alongside William Davies, a former JP Morgan and Credit Suisse banker.
Former Odey Wealth investment director resurfaces at Waverton
Roe's departure follows news from April that Ruffer would be cutting 6% of its UK workforce, at the time resulting in redundancy for 20 employees. The cuts were made across several divisions of the business.
Ruffer's decision to make cuts followed a swathe of redundancies at other asset managers such as BlackRock, State Street, Baillie Gifford, abrdn and Fidelity International earlier this year.
