You are here

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

BT_20150807_SYBLOOD7C_1813969.jpg
POSITIVE OUTLOOK: UK commodity trader Glencore and South Africa's Anglo American are among stocks that will survive, says PSG's Mr Le Roux.

Johannesburg

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$

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom