The £332.1m Ruffer investment company has announced a tap issue of 100,000 redeemable participating preference shares of £0.01 each, at a price of 216p per share.
Extension of existing strategy
Assets under administration up 18%
Data shows closed-ended stronger over five years
Pan-European fund remains soft-closed
Legg Mason manager says second stage of recovery reached
Stepping down to focus on running Merlin range