
Can it? Technically, yes. But the experience would be sooooo painful!
Fusion has a decent 3d compositing system, but it is not 3d software. Use the right tool for the job, which would be Blender or something similar. I'd do the rendering there, too, most likely, although there are some advantages to exporting Alembic to Fusion and using it to light, shade and render. You can iterate the look very quickly that way, but you don't get all of the bells and whistles available in a raytracing renderer (reflections, refractions, radiosity, and so on).