JO Hambro Capital Management's Alex Savvides has revealed some of his favourite recovery stories over the past year, which he thinks have even further to go.
The manager of the JOHCM UK Dynamic fund has produced a top quartile return over the past year, delivering 26.5% compared to the UK All Companies sector average of 15.2% to 4 January, according to Morningstar. Savvides (pictured) looks for companies that fall into one or more of three different categories - restructuring, recovery, or hidden growth. "Each of these companies has an element of self-help, typically through a new management team with a new strategy where they can push up earnings, generate more cash and produce higher margins." 1) 3i "This company has been in the new...
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