Investec says investors may be better of buying BHP, Rio Tinto or a mining ETF
Thursday 27 Aug 2020 Author: Yoosof Farah
Sell investment trust BlackRock World Mining Trust ( BRWM ) and just buy BHP ( BHP ) , Rio Tinto ( RIO ) or a relevant exchange-traded fund if you want exposure to the mining sector. That’s the view put forward in a critical note on BlackRock World Mining by Investec analysts Alan Brierley and Ben Newell, who have downgraded the trust from ‘hold’ to ‘sell’ and say both...