Fund That Beat 91% of Peers Puts Next Big Bet on World’s Poorest

  • Holberg fund buys consumer companies in frontier markets
  • Fund posts 30% gain over past five years, beating benchmark
Photographer: Luong Thai Linh/Bloomberg
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Here’s some good news: The world’s poorest consumers will get richer.

It’s a bet that is already enriching a top performing emerging markets fund in Norway.