Jul
2017
TUNDRA FONDERS MONTHLY UPDATE JUNE 2017
The appreciating Swedish krona resulted in frontier markets ending June at -1.5% in SEK terms. In USD terms, the asset class (MSCI Frontier Markets xGCC Net) however rose by 1.5%….
Jun
2017
TUNDRA FONDERS MONTHLY UPDATE MAY 2017
May turned out to be an eventful month for frontier markets and the asset class ended the month at +4.1% (SEK). Africa outperformed during May and Nigeria rose by 15.7%…
May
2017
TUNDRA FONDERS MONTHLY UPDATE APRIL 2017
Frontier markets rose 0.7% (SEK) during the past month and have hence returned 8.1% YTD (MSCI Frontier Markets xGCC Net). Vietnam fell victim to profit taking after previous months’ positive…
Apr
2017
TUNDRA FONDERS MONTHLY UPDATE MARCH 2017
Frontier markets are making progress in terms of sustainable investments and during March, the Ho Chi Minh Stock Exchange hosted a conference to present its new sustainability screened index. Tundra,…
Mar
2017
TUNDRA FONDERS MONTHLY UPDATE FEBRUARY 2017
Tundra Fonder continues its expansion in frontier markets and has now recruited Asif Arslan Haider Soomro, award winning portfolio manager, to the Karachi office. For several years he has belonged…
Feb
2017
TUNDRA FONDERS MONTHLY UPDATE JANUARY 2017
Frontier markets rose 1.7% (MSCI Frontier Markets xGCC Net SEK) during January. A weaker USD disguised an even stronger return in local currency terms. Pakistan, Vietnam and Bangladesh hit new…
Jan
2017
TUNDRA FONDERS MONTHLY UPDATE DECEMBER 2016
Frontier markets rose 3.0% in EUR terms during December (MSCI Frontier Markets xGCC Net). 2016 hence ended with a 7.1% return. The Pakistani market once again outperformed and rose 15%…
Dec
2016
TUNDRA FONDERS MONTHLY UPDATE NOVEMBER 2016
Sustainability has for a long time been an integrated part of how Tundra invests. We are now taking the next step by screening all our funds for norm violations. Frontier…
Nov
2016
TUNDRA FONDERS MONTHLY UPDATE OCTOBER 2016
Tundra Pakistan Fund celebrated its five year anniversary during the past month. It has undoubtedly been an exciting period since the fund was launched on the 14th of October 2011:…
Oct
2016
TUNDRA FONDERS MONTHLY UPDATE SEPTEMBER 2016
After a trendless July, August and first half September, frontier markets broke out towards the end of the month and ended September at +2.2% (EUR). Frontier markets hence outperformed emerging…