- Aikya Investment Management is an independent, employee-owned, investment management company that specialises in managing Emerging Markets equity portfolios.
- As long-term investors, we base our return expectations on 10-year valuations, which means taking a view on sales growth and cash flow return assumptions for the next 10 to 20 years.
- To take a genuinely long-term view, we believe second-order thinking is required. The source of sustainable competitive advantage for a company is perhaps not just its market position, scale, or first-order capabilities in delivering a product offering, but also its ability to read market signals and constantly evolve.
- We have developed an extensive network of relationships with trusted business families, independent board members, journalists, and other free-thinking voices over a long period operating in these countries.
- Advantech is a high-quality company in our view. Its franchise is strong, well-diversified and has produced consistently high returns with good growth over the last 10,15, and 20 years.
For further details see:Aikya Q3 2021 Investor Letter