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Is it time to rethink value vs. growth?
Nisha Thakrar
Senior Manager, Client Solutions Group
Brett Hammond
Research Leader

 


 

 

How should investors think about the value-growth rotation cycle after a decade of disappointing returns for value stocks? In this white paper, Capital Group researchers Nisha Thakrar and P. Brett Hammond explain why investors should take a fresh look at style-based investing.

Key takeaways:

  • The rise of the tech behemoths and the increasing value of intangible assets are upending traditional notions of growth and value stocks.

  • Fundamental valuation frameworks need to adapt to these new secular forces.

  • Investors can benefit from looking across the style spectrum for attractive opportunities — regardless of whether a rotation is here to stay.

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Nisha Thakrar is a client solutions specialist with 19 years of industry experience (as-of 12/31/2021). She holds a master’s degree from University College London. 

Brett Hammond is a research leader with 27 years of industry experience as of 12/31/21. He holds a PhD from the Massachusetts Institute of Technology and a bachelor's degree in economics and political science from the University of California, Santa Cruz.

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