An emerging-market money manager, who is outperforming 99 per cent of his peers, says equity investors can make money in 2024 whether the Federal Reserve cuts interest rates or not, by focusing on countries undergoing economic transformations.
Montreal-based Fiera Capital Corporation has handed holders of its EM Select Fund a 29 per cent return in the past 12 months, beating all but 12 of the 4,383 funds in its group, according to data compiled by Bloomberg.