Industry Sectors - Metals & Mining: Third
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Industry Sectors - Metals & Mining: Third

After four years in second place, the six-strong Credit Suisse crew piloted by Michael Shillaker falls to the No. 3 spot; however, the analysts continue to impress clients with “cogent, timely commentaries on news and results that are more helpful to me than a pretty PDF note,” as one portfolio manager puts it.

THIRD TEAM


Michael Shillaker & team Credit Suisse


After four years in second place, the six-strong Credit Suisse crew piloted by Michael Shillaker falls to the No. 3 spot; however, the analysts continue to impress clients with “cogent, timely commentaries on news and results that are more helpful to me than a pretty PDF note,” as one portfolio manager puts it. The team initiated coverage on Xstrata in October 2009 with an outperform rating, judging shares of the Switzerland-based coal-and-copper miner to be a bargain at 923.96p and citing the company’s competent management and recently completed operational improvements. Through December 2010 the stock roared ahead 62.9 percent, to 1,505.50p, outpacing the sector by 16.1 percentage points.


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