Besides their returns, Kovachev and his colleagues at J O Hambro Capital Management stand out by staying open-minded instead of being stubborn about their convictions.
"We always look for something which is moving," Kovachev said."We are looking to find the momentum. And the secret is that the momentum is not only up there when everybody sees it and stocks are flying and are crazy expensive, but you can find the momentum basically starting in the recovery points." As stocks continue to climb, the fund manager has kept an eye out for opportunities, including those in rapidly growing industries like. Although he acknowledged that excitement about AI-related companies is similar to a bubble, Kovachev feels compelled to play it — albeit carefully. There are small companies with AI exposure that aren't wildly overvalued, he said.