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Coin Edition 2024-04-12 12:39:01

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 The post Ruffer’s Cash Allocation Amid 1987-Style Meltdown Concerns appeared first on Coin Edition .

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