Latest Breaking News On - Ruffer total return fund - Page 1 : comparemela.com
The end of the bond bull market, and how to invest for it
moneyweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweek.com Daily Mail and Mail on Sunday newspapers.
IPO and SPAC mania: what could possibly go wrong?
ifamagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ifamagazine.com Daily Mail and Mail on Sunday newspapers.
Bitcoin goes mainstream as first City fund house buys £550m of digital gold
Ruffer adds Bitcoin to its popular investment trust and £3.5bn Total Return Fund
Ruffer has bought Bitcoin to help diversify its portfolios
Credit: ROSLAN RAHMAN/AFP
British fund house Ruffer has become the City s first major investment company to buy Bitcoin for DIY investors adding £550m of the digital currency last month.
The firm, which manages some £20bn of Britons savings, added Bitcoin into the popular Ruffer Investment Company and its £3.5bn Total Return Fund.
This comes as the value of Bitcoin broke through the $20,000 (£14,815) for the first time. The digital currency has been one of the best performing investments this year and has nearly tripled in value.