Shares in focus: Should you buy this mining behemoth?

Investors have rightly been nervous of miners. Is BHP Billiton different? Phil Oakley investigates.

Investors have rightly been nervous of miners, but BHP Billiton is different, says Phil Oakley.

It might not feel like it, but anyone who has owned shares in miner BHP Billiton for the last ten years has done very nicely. With all dividends reinvested, the shares have returned 445% over the last decade, compared with 135% for the FTSE All-Share index on the same basis.

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Phil spent 13 years as an investment analyst for both stockbroking and fund management companies.

 

After graduating with a MSc in International Banking, Economics & Finance from Liverpool Business School in 1996, Phil went to work for BWD Rensburg, a Liverpool based investment manager. In 2001, he joined ABN AMRO as a transport analyst. After a brief spell as a food retail analyst, he spent five years with ABN's very successful UK Smaller Companies team where he covered engineering, transport and support services stocks.

 

In 2007, Phil joined Halbis Capital Management as a European equities analyst. He began writing for MoneyWeek in 2010.