Ruffer’s Cash Allocation Amid 1987-Style Meltdown Concerns

Ruffer LLP, a UK-based investment firm, has moved to increase its cash holdings amid concerns over declining liquidity in the US markets. Ruffer’s fund manager, Matt Smith, revealed that  “Two-thirds of the roughly £22 billion ($27.6 billion) that the UK-based firm oversees now sits in cash, a record allocation.”   Smith further articulated that the […] source: https://coinedition.com/ruffers-cash-allocation-amid-1987-style-meltdown-concerns/