Anglo American, RioTinto, BHP Billiton: Which commodity stocks are attracting fund managers?

Strong headwinds for the commodities sector show no sign of abating, but record share price falls for some companies have provided attractive entry points into the asset class.

Nick Kirrage and Kevin Murphy, co-managers, Schroder Income and Schroder Recovery funds Anglo American Anglo American's profits are very depressed and two of the company's five core divisions are currently loss making. However, it is our view the headwinds facing the business are cyclical rather than structural. It has an attractive portfolio of assets that should be able to generate significant value for shareholders over the long term. While Anglo's balance sheet is under some pressure, we think its debts should be viewed in the context of its assets and, on this basis, it is in re...