Finding Sustainable Growth: The Importance of Leadership, Innovation, and Valuation – Harbor Capital and Sands Capital – 12.19.19

Summary:

Now On Demand.

Accelerating innovation and powerful secular shifts are presenting investors a significant opportunity to participate in the durable growth of some of the most dynamic businesses globally. Identifying businesses that can sustain their growth for many years is challenging, however, given the increasingly complex market landscape and the fast pace of change across geographies and industries. This session will explain a framework for evaluating the growth universe and identifying a subset of businesses that stand to capitalize from innovation and/or powerful secular trends transforming their industries.

Key Points of Discussion:

• Growth drives share prices over the long-term
• A framework for identifying sustainable growth, driven by innovation, disruption, and market leadership
• Valuing growth businesses

Speakers:

Sunil H. Thakor, CFA is a Research Analyst and a Sr. Portfolio Manager. Sands Capital is an active, long-term investor in leading growth businesses globally.

Mr. Thakor joined Sands Capital as a Research Associate Intern and became a full-time Research Analyst in 2006 following business school. Mr. Thakor later led the research efforts of the firm’s Global Financial Services Sector Team. In 2007, Mr. Thakor became Co-Portfolio Manager of the firm’s Global Growth strategy, and later became Portfolio Manager of the firm’s Global Leaders and International Growth strategies, which launched in 2017 and 2018, respectively. Prior to joining Sands Capital, Mr. Thakor worked as an Analyst and as an Associate at Charles River Associates, Inc.

Mr. Thakor earned a BA from Colby College (1999) and an MBA from Columbia Business School from Columbia University (2006).

Ross joined Harbor Capital Advisors, Inc. in 2006. As a Senior Vice President, Research of Harbor Funds Distributors, Ross’ responsibilities include providing sell-side research of the Harbor Funds to institutional research groups across all distribution channels. Prior to joining Harbor, Ross was an analyst at Financial Research Corporation, where he engaged in the analysis of trends within the financial services industry and also contributed to FRC’s suite of research publications. Ross has also worked as a performance and analytics analyst for State Street Corporation.

Ross received a B.A. from Colby College in Waterville, ME. He is a CFA charterholder and is a member of the CFA Institute and the Boston Security Analysts Society, Inc.

Jeff Markarian joined Harbor Capital Advisors as a Managing Director in 2018. He is a member of the Investment & Portfolio Management team, which is responsible for the identification, evaluation, and selection of investment managers for the Harbor Funds and the Harbor Capital Group Trust. Mr. Markarian has 15 years of manager research experience, conducting due diligence on managers across Global and Emerging markets.

Prior to joining Harbor Capital Advisors, Mr. Markarian was a Senior Research Consultant at NEPC, LLC. His responsibilities included serving as the lead Research representative in Global, International, and Emerging Market equities. Mr. Markarian held several roles at NEPC, including leader of the International Advisory Committee as well as active participant on the firm’s Due Diligence Committee and Equity Beta Group. In addition, Mr. Markarian also spent time working with various client types to lead research-based discussions and contributed in new business presentations.

Mr. Markarian earned a B.S. in Business Administration with a concentration in Finance from Boston University.