- Aikya Investment Management is an independent, employee-owned, investment management company that specialises in managing Emerging Markets equity portfolios.
- Emerging market countries account for almost 80% of the world’s population, 60% of global GDP and the majority of its incremental growth, but less than 15% of global market.
- Since its inception in March 2020, the Aikya Global Emerging Markets strategy has returned 26.3% in US$, compared with the MSCI Emerging Markets benchmark which was up 29.6% during the same period.
- Certain countries get very popular from time to time, which often results in bubble-like valuations in companies listed in these countries. We believe China could be going through such a phase at the moment.
For further details see:
Aikya April 2021 Investor Letter