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Ruffer: ‘There appears to be a lot of froth’ in the market

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The investment managers of the Ruffer Investment Company have said the economy is in “uncharted waters” and nobody knows what is to come. In the firm’s six month review, managers Hamish Baillie and Duncan MacInnes said a significant source of the company’s outperformance has been “not owning the frothiest areas…

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Click here to read the full story: FT Adviser

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