Montrusco’s Chiadmi Top in Canadian Stocks With Valeant

Ismael Chiadmi is the top fund manager in Canada’s lagging equity market this year by picking stocks such as Valeant Pharmaceuticals International Inc. that have rallied and are likely to entice other investors.

Chiadmi, manager at Montrusco Bolton Investments Inc., has returned 12 percent including dividends for the Quantitative Canadian Equity Fund this year using a price momentum strategy. That puts him first among a group of 14 Canadian funds with at least 90 percent of holdings in Canada and assets of C$100 million ($96 million) or more, data compiled by Bloomberg show.