The past month was uneventful and MSCI Frontier Markets xGCC Net fell 1% (SEK). Frontier markets in Asia outperformed the rest of the asset class with Sri Lanka rising 7%…

Frontier markets rose 0.2% (MSCI Frontier Markets xGCC Net EUR) during the past month. If it wasn’t for index heavyweight Nigeria, the performance would have been even better and in…

Please find Tundra’s Monthly Letter for June attached. June was all but a quite summer month, frontier markets (MSCI FMxGCC net ) fell  1.7% compared to  MSCI Emerging Markets rising…

Return wise, May was a strong month for frontier markets (+6.5% in SEK). Nigeria as well as Kazakhstan outperformed rising 20%. Year-to-date frontier markets have returned 5%, outperforming emerging (+1%)…

April was a positive month for frontier market (+2% in SEK terms) where the asset class outperformed emerging as well as developed markets. The positive development was broad based and…

Hopes of commodities having troughed and dovish statements from the Fed boosted major emerging markets. Despite this, frontier markets did not join the bull run. MSCI Frontier Markets xGCC Net…

After a tough start of the year, frontier markets rose on a broad base in February. While emerging as well as developed markets fell in February, frontier markets rose 2%…

Frontier markets fell 4% (EUR) during the past month and hence outperformed emerging markets (-5.5%). Commodity exporters, primarily Nigeria and Argentina, suffered the most from the global risk aversion while…

2016 started off dramatically for global equity markets to say the least with substantial sell offs – MSCI AC World had its worst start of a year in 18 years…

After strong market returns in October, markets fell back again in November (MSCI Frontier Markets xGCC Net -3.1% in SEK). Both Tundra funds outperformed their respective benchmark in the past…