PrecisioninLiquid Emerging
Markets

We combine localised research and structured portfolio management to capture the persistent dispersion in emerging markets.

0

Firm founded
by Ali Akay

~$
0.00
bn

AUM across EM equity strategies,
as of December 2025

0
years

Combined EM experience
of CIO & deputy CIO

0

Firm founded
by Ali Akay

~$
0.00
bn

AUM across EM equity strategies,
as of March 2025

0
years

Combined EM experience
of CIO & deputy CIO

About

Globalperspective.
Local clarity.

Carrhae is a London-based investment manager specialising in emerging market equity strategies.

Our research teams in Brazil, China, India and the UAE generate esoteric insights, monetised via a cycle-tested investment process. We offer absolute return and alpha-driven solutions that enhance global equity and multi-asset investor portfolios.

INVESTMENT APPROACH

Capturing emerging
market dispersion

We aim to leverage granular fundamental analysis, carried out by on-the-ground research teams, to uncover latent risk-return asymmetry within and across emerging market countries, sectors and companies. Dynamic portfolio and risk management drive optimal capital allocation through cycles. Our unified process informs two distinct strategies.