Fri, 27 May 2022 Today's Paper

Ruffer Fund’s Lankan equity portfolio stands at 11% in May

10 June 2016 10:11 am - 0     - {{hitsCtrl.values.hits}}

A A A

The London-based CF Ruffer Pacific Fund held 11 percent of its assets in Sri Lankan equities in May 2016, second only to the 30 percent asset allocation in Chinese equities. It also held 11 percent of its currency allocations in the Sri Lankan rupee, behind the Sterling with 35 percent and the Hong Kong dollar with 21 percent.


John Keells Holdings PLC was featured as the fund’s 8th largest equity investment, representing 1.9 percent of the fund.

CF Ruffer had held 0.9 percent of the shares in John Keells Holdings last year, but failed to appear in the top 20 shareholders of the country’s largest conglomerate over the past several quarters following the conversion of the 2015 warrants, of which CF Ruffer had no significant ownership.
The fund does not hold a sizable portion of the 2016 warrants either.


It bought shares in Softlogic Group’s Asiri Hospital Holdings PLC last year, holding 3.18 percent of Asiri’s shares at the end of the 2016 financial year.


CF Ruffer also holds shares in National Development Bank PLC, Cargills (Ceylon) PLC, and Dialog Axiata PLC, among others.


The fund, worth £284.6 million, saw a 5.6 percent year-on-year decline for the financial year ended March 31, 2016. Over 80 percent of the fund’s assets are in equities.
 

 

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.

  Comments - 0

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.


Shocking inside stories of the sugar scam

In the backdrop of former Finance Minister Ali Sabry’s proposed plan to inc

Sri Lankans stuck between hunting for essentials and fighting for good governance

Sri Lanka, a tiny South Asian nation of 22 million people, is experiencing fi

Food crisis in Sri Lanka From granary of East to barren nation

A damning revelation by the Food and Agriculture Organisation (FAO) states th

The danger of Basil Rajapaksa’s rule by proxy

Last week, I wrote that the fate of the Ranil Wickremesinghe government would