After trailing most of its peers in 2010, Bill Miller’s $4.07 billion Legg Mason Capital Management Value Trust fund is enjoying a strong start to 2011, Bloomberg reports.

The pub attributed Miller's performance, and those of his peers, last month to a rebound in equities that were hit hard last year. Miller's fund reportedly gained 5.4 percent through Feb. 1 putting him ahead of 91 percent of his rivals. The MSCI All-Country World Index’s 100 worst-performing stocks of 2010 rose 5.3 percent as a group last month, the top January gain since 2001, while last year’s best performers fell 2.6 percent, according to data compiled by Bloomberg. 

Edited by: Hung Tran


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