Ruffer Pacific Fund buys into Sri Lankaâ€™s Asiri Hospital
ECONONYNEXT – Ruffer Pacific Fund, an open ended UK-registered fund focused on the Asia Pacific region, has bought into Sri Lanka’s Asiri Hospital Holdings PLC.
The fund bought 36.1 million shares amounting to a 3.29 percent stake, according to interim accounts of Asiri Hospital Holdings for the September 2015 quarter filed with the stock exchange.
The Ruffer Pacific Fund has 10 percent allocated to Sri Lankan equities, the third largest allocation after Chinese equities (35 percent) and Japanese equities (12 percent). It also has 1.9 percent invested in John Keells Holdings.
The Ruffer Group has over 17.7 billion pound sterling in assets, of which over 8.9 billion is managed in open-ended Ruffer funds. (Colombo/November 10 2015)