Bill Miller Back on Top in ‘Great Rotation’ for Stocks

Equities that fell farthest last year are surging the most in a decade, reversing the fortunes of mutual funds and signaling developed countries, banks and Asian exporters will extend the global rally.

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