Ruffer’s McBain to retire
Manager of the Ruffer Pacific and Emerging Market fund, Mary McBain, is set to retire after having worked for the firm for 15 years. The fund closed its doors to new investment last month after approximately 18 years and is currently in the process of selling off its portfolio, its holders to receive the proceeds in cash. The firm has also decided to close the Hong Kong office that housed the fund, in order to continue their Emerging Markets research from London.
23rd August, 2021