Bitcoin was the largest single contributor to investment performance for the year to 30 June 2021 at Ruffer Investment Company (RIC), according to its latest annual report.
The £575.9 million London listed closed-ended investment company, which is considered to be Ruffer LLP’s flagship, recorded share price and net asset value (NAV) returns of 19.5 percent and 15.3 percent respectively over the course of its financial year.
Although many other investment veh...
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