Libsyn Directory

Adapting to a New Investment Climate - With Matt Smith, Partner and Investment Director at Ruffer

Release Date: 01/23/2023

Transforming Solar Energy - With Oxford PV

Curated Podcasts - With Simon Brewer

Today, this Oxford University spin-out, Oxford PV, is reshaping the world of solar, helping to make it more affordable, more mainstream and accelerating the energy transition. We welcome Prof Henry Snaith, Co-Founder and the Binks Professor of Renewable Energy in the Physics Department of the University of Oxford, Dr Chris Case, Chief Technology Officer, and David Ward, CEO. They explain how and why Oxford PV has developed a low-cost, highly efficient solar photovoltaic technology which integrates with standard silicon solar cells to dramatically improve their performance. In turn, they...

OrganOx - The Oxford University Spin-Out Revolutionising Organ Donation

Curated Podcasts - With Simon Brewer

In this Curated podcast, we meet with the Co-Founders and CEO of OrganOx, an Oxford University spin-out that is quickly penetrating the world of medtech. Its success has led it to be at the forefront of changing the way donor organs are preserved in the critical time between donation and transplantation. Amazing as it may seem, methods of preserving organs have changed little in the last 30 years, however OrganOx has spent over a decade developing a radically different approach, such that observers have referred to it as a “Lifeline for livers”, and a “dream machine”, with further...

Asia: The Multi-Asset Class Opportunity Set – With Partners Capital & Singapore Management University

Curated Podcasts - With Simon Brewer

In this episode, we welcome back Partners Capital, and in a three way conversation, we explore the Asian investment opportunity set. The conversation brings together Arjun Raghavan, CEO of Partners Capital, Adam Watson, Partner and Co-Head of Asia Pacific, and to understand the perspective of a seasoned investor and allocator, Harvey Toor, CIO of Singapore Management University (SMU). SMU is a current client of Partners Capital and seed investor in one of its pooled investment portfolios. Arjun refers back to his comments a year ago of “2 mega trends, which are clear, but this is going to be...

Adapting to a New Investment Climate - With Matt Smith, Partner and Investment Director at Ruffer

Curated Podcasts - With Simon Brewer

Ruffer contend that positive absolute returns “will not be achievable for most long only investors in the coming market cycle”. To articulate why they believe this, Matt Smith, Partner and Investment Director, explains Ruffer’s origins, before describing the investment process, their view of “the changed investment climate”, the tools and assets they are using in this environment and how portfolios are positioned. In describing themselves as “an alternative to alternatives”, Matt explains how they run a global macro, absolute return strategy, without a benchmark, and how they...

Paul Desmarais III, Chairman and CEO of Sagard, Details Their Approach to Investing, Growing and Staying True to Core Values

Curated Podcasts - With Simon Brewer

Today in this Money Maze Podcast Curated edition we travel to Canada, to understand Sagard, with its Chairman and CEO, Paul Desmarais III. Sagard is an intriguing alternative asset management business, that is striking in both the freshness of its approach and clarity of its ambitions. In this conversation, Paul explains Sagard’s genesis and vision. He then describes their core investment activities, investment process, and disciplines, as well as their thoughtful approach to issues relating to ESG and sustainability. He then elaborates on their priorities and growth opportunities by...

Curated Podcasts Trailer

Curated Podcasts - With Simon Brewer

Learn more about Curated Podcasts in this short trailer. Produced by the Money Maze Podcast team, these episodes offer in-depth insights into a range of investment organisations and other exciting businesses. Whilst this series is produced with the professional investor in mind, episodes are not intended to address your particular requirements. We recommend that this resource be utilised in conjunction with your wider portfolio research and expert advice. |

Tamer Ozmen, CEO of Mintus, Discusses the Fast-Growing World of Art Investing

Curated Podcasts - With Simon Brewer

In this episode, with Tamer Ozmen, CEO of Mintus, we have the opportunity to discuss Mintus’s approach to investing in the art market, through their FCA authorised fractionalisation platform. Tamer describes his earlier experience with Priceline, Orange, and then as CEO of Microsoft Turkey, and how those formative lessons led to the genesis of Mintus. He describes art as an asset class, its long-term drivers and behaviours, supply and demand changes, as well as the growth in demand for private assets. He also speaks about the technology itself, which allows for fractionalisation, and...

Anthony Catachanas, CEO of Victory Hill Capital Advisors LLP, on the Global Energy Transition

Curated Podcasts - With Simon Brewer

As the alarm bells sound on the urgency to build a new energy order, whilst balancing the need for pragmatism, the key priorities of investing in energy infrastructure continue to accelerate. In particular, decarbonization and electrification are focusing the minds of investment managers and capital allocators. In this Curated Podcast episode, Anthony Catachanas, CEO of Victory Hill Capital Advisors LLP, explains their mission, including their private equity approach, making direct investments in global energy infrastructure, and targeting the energy transition. Anthony also explains the...

Lansdowne's European Long Only Equity Fund

Curated Podcasts - With Simon Brewer

In this Money Maze Podcast curated discussion, we explore Lansdowne Partners’ European Long Only Equity Fund with Daniel Avigad, its manager. Daniel has been with Lansdowne Partners since 2006, and has achieved striking results in a concentrated, large cap portfolio, investing in European and UK stocks. Daniel’s modest and quiet passion for the opportunities he and his team have identified shine through in this conversation. He explains the approach of seeking long-term investments in European equities based on deep diligence, fundamental analysis and active engagement. He describes the...

The Fat Gladiator, A Revolutionary Investment Club

Curated Podcasts - With Simon Brewer

The Fat Gladiator is a unique and exclusive investment club that tracks the world’s most powerful trends, and identifies the companies and asset classes most likely to profit from them. In this interview, Nick Finegold, Founder and long time investor, describes the growth of this business which seeks to identify compelling and potentially profitable investment themes, through collaboration and idea sharing with a growing club of institutional and seasoned investors. Nick describes how the club operates, and provides examples of some of the investment themes discussed, and pursued by club...

More Episodes

Ruffer contend that positive absolute returns “will not be achievable for most long only investors in the coming market cycle”. To articulate why they believe this, Matt Smith, Partner and Investment Director, explains Ruffer’s origins, before describing the investment process, their view of “the changed investment climate”, the tools and assets they are using in this environment and how portfolios are positioned.

In describing themselves as “an alternative to alternatives”, Matt explains how they run a global macro, absolute return strategy, without a benchmark, and how they discuss return expectations with clients and review their returns.

The conversation covers the sticky nature of the inflation they see persisting, the dangers of hidden leverage and why a structural market in bonds and equities may characterise the investment landscape for a while. All this whilst seeking positive returns “come rain or shine”

DISCLAIMER

Podcast recorded: November 2022

Ruffer performance to 31 Dec %

2018 -5.8 | 2019 7.0 | 2020 16.7 | 2021 8.2 | 2022 5.7

Source: Ruffer

All mentions of Ruffer performance refer to Ruffer’s representative portfolio, which shows the performance of an unconstrained, segregated portfolio of £1 million set up in 1995, and follows Ruffer’s investment approach.

Past performance is not a guide to future performance. The value of investments and the income derived therefrom can decrease as well as increase and you may not get back the full amount originally invested. Ruffer performance is shown after deduction of all fees and management charges, and on the basis of income being reinvested. The value of overseas investments will be influenced by the rate of exchange. For further information on Ruffer’s performance, please see the Performance page on Ruffer’s website at ruffer.co.uk.

The views expressed in this podcast are not intended as an offer or solicitation for the purchase or sale of any investment or financial instrument, including interests in any of Ruffer’s funds. The information contained in the podcast is fact based and does not constitute investment research, investment advice or a personal recommendation, and should not be used as the basis for any investment decision. This podcast does not take account of any potential investor’s investment objectives, particular needs or financial situation. This podcast reflects Ruffer’s opinions at the date of publication only, the opinions are subject to change without notice and Ruffer shall bear no responsibility for the opinions offered.

Ruffer LLP is authorised and regulated by the Financial Conduct Authority in the UK and is registered as an investment adviser with the US Securities and Exchange Commission (SEC). Registration with the SEC does not imply a certain level of skill or training.

TOPICS