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,…

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…

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…

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%…

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…

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:…

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…

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…