Capital IdeasTM

Investment insights from Capital Group

Portfolio Construction
Time to rethink value versus growth
Nisha Thakrar
Client Solutions Specialist Based in London
  • Value’s stubborn underperformance and growth’s unprecedented outperformance over the last decade, is prompting investors to re-examine style investing.
  • While history guides investors to ask whether the traditional value-growth rotation cycle has simply extended, the influence of secular changes in driving valuations is hard to ignore.
  • Disruptive new forces such as digitisation and the accelerated growth of intangible assets, require a bottom-up approach to understand a company’s true value.
  • Looking across value and growth universes to find winners can enable investors to meet their long-term objectives, regardless of whether a rotation is here to stay

Nisha Thakrar is a senior manager within the client solutions group at Capital Group. She has 19 years of industry experience and has been with Capital Group for 16 years. Earlier in her career at Capital, she was the manager of product development for the European business. Prior to joining Capital, Nisha worked in investment administration and for the FundsNetwork™ platform at Fidelity International. She holds a master’s degree with honours in electronic engineering with computer science from University College London. She also holds both the Investment Management Certificate and the Chartered Financial Analyst® designation. Nisha is based in London.

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