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Risk of 1987-Style Meltdown Prompts Ruffer's Record Bet on Cash

(Bloomberg) -- Ruffer LLP, the £22 billion ($27.6 billion) UK-based asset manager, is making its biggest-ever bet on cash as shrinking US liquidity boosts the possibility of a violent market reversal. Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesApple Plans to Overhaul Entire Mac Line With AI-Focused M4 ChipsRussian Attacks on Ukraine Stoke Fears Army Near Breaking PointVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudUS Slams Strikes on Russi...
United Kingdom Matt Smith Bloomberg Businessweek Bloomberg Ruffer United Kingdom Based Total Return Fund
Source: yahoo.com

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