It’s almost exactly a year since Dan Mannix, the chief executive of $11.7 billion funds boutique RWC Partners, made a big bet on emerging markets. Since then it's been a white-knuckle ride, but if a recent turnaround in flows proves sustainable, it might be about to pay off.
In May 2015, the boutique, which is 49% owned by Schroders, announced it had swooped to hire 15 fund managers from a collapsing Miami-based hedge fund, Everest Capital.
