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Copper still an investment favourite, says JP Morgan’s Henderson
February 03, 2013 - 03:19 GMT
Location:
Hermanus
KEYWORDS:
copper
,
Ian Henderson
,
JP Morgan
,
zinc
,
lead
,
tin
,
nickel
,
aluminium
Copper is still a favourite investment pick and has found a reasonable and stable price level, according to Ian Henderson, adviser to JP Morgan and former manager of the bank’s natural resources fund.
“I still like the copper market. I don’t see copper [price] going through the roof but it’s well-supported at the current level,” Henderson told Metal Bulletin on the sidelines of the GMP Mining Jamboree in Hermanus, South Africa.
“People can make money at this price, it’s a perfectly reasonable price and it’s not a price that will...
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Euromoney Institutional Investor PLC.
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