Hamish Baillie
The Guardian
What holds, and what fails, under pressure, standards and accountability.
Hamish Baillie embodies the Guardian archetype throughout this interview, consistently framing Ruffer's entire investment philosophy around capital preservation and protecting clients from harm. Baillie articulates a worldview organized around identifying threats before they materialize, building portfolios that hold up in scenarios the manager cannot fully predict, and using layered protective instruments including derivatives, index-linked bonds, gold, and currency blocks.
“If you accept that and you still want to protect people's capital the whole time, then you need to build an investment process that will be robust regardless of the conditions that are thrown at you.”
explaining Ruffer's capital preservation philosophyundated
“We insist that everyone managing money has contacts directly with the people whose money it is, and that keeps you honest. You really feel the sense of responsibility very keenly.”
on proximity to clientsundated
“There's no point in jumping into the lifeboat that's got lots of holes in it.”
on choosing reliable protective assets in a crisisundated
Money Maze Podcast: “The $30 Billion Absolute Return Strategy: Hamish Baillie, Partner at Ruffer Investment Management, explains how they have managed to stand out from the crowd”
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