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Ruffer Investment Co (LSE:RICA) Accounts Payable & Accrued Expense for Financial Companies


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What is Ruffer Investment Co Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Ruffer Investment Co Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ruffer Investment Co Ltd (LSE:RICA) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
Traded in Other Exchanges
Address
Royal Avenue, 1 Royal Plaza, Saint Peter Port, GGY, GY1 2HL
Ruffer Investment Co Ltd is a closed-end investment company. Its principal objective is to achieve a positive total annual return, after all expenses, of at least twice the Bank of England Bank Rate. The company adopts a stock picking approach and invests across a broad range of assets, geographies, and sectors including listed or quoted equities or equity-related securities, options, and bonds that are issued by corporate issuers, supra-nationals, or government organizations and investment in funds. It uses derivatives, including futures, options, swap agreements, structured products, warrants, and forward currency contracts, for efficient portfolio management. The majority part of the company's revenue comes from investment income such as dividends and interest.