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Anglo, Glencore now better buys for PSG

Commodity rout gives portfolio manager Shaun le Roux courage to bet the two firms will emerge as winners

POSITIVE OUTLOOK: UK commodity trader Glencore and South Africa's Anglo American are among stocks that will survive, says PSG's Mr Le Roux.


THE bloodletting that's gripping commodity markets is giving Shaun le Roux the courage to bet that Anglo American plc and Glencore plc will emerge as winners.

"When there's this much distress, you're going to get mispricing," said Mr Le Roux, whose 2.4 billion rand (S$