Dec
2015
TUNDRA FONDERS MONTHLY UPDATE NOVEMBER 2015
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…
Nov
2015
TUNDRA FONDERS MONTHLY UPDATE OCTOBER 2015
During the past month frontier markets rose for the first time since April. Moreover, we are proud to see that Tundra has been nominated to the award European Specialist Investment…
Oct
2015
HOLIDAY IN PAKISTAN FRIDAY OCT 23
Markets are shut in Pakistan on Friday October 23rd due to Muharram celebrations. Tundra Pakistan Fund is closed for trading on this date.
Oct
2015
TUNDRA FONDERS MONTHLY UPDATE SEPTEMBER 2015
Frontier markets fell for a fifth month in a row. Since the beginning of the current correction in July 2014, frontier markets have lost a quarter of its market cap…
Sep
2015
Market closed in Pakistan Sept 24-25
The market in Pakistan will be closed due to Eid al-Adha on September 24th and 25th. There will be no trading in Tundra Pakistan Fund on those dates.
Sep
2015
TUNDRA FONDERS MONTHLY UPDATE AUGUST 2015
August turned out to be a depressing story for equity investors worldwide. The fact that frontier markets fell less than emerging as well as developed markets was not much of…
Aug
2015
TUNDRA FONDER – MONTHLY LETTER JULY 2015
Frontier markets gave up 0.6% (in SEK) in July, with large differences between individual countries. Equity markets in oil exporting countries like Nigeria and Kazakhstan fell sharply, while oil importing…
Aug
2015
Tundra Pakistan Fund closed for trading Friday August 14th.
On Friday August 14th the stock market in Pakistan is closed for trading in order of celebrations of Pakistans Independence Day. The Pakistan Fund is also closed for trading.
Jul
2015
Travel Journal from Morocco
During the spring, two of Tundra’s portfolio managers have been travelling around in several African countries in order to visit current and potential investments. It became an extensive trip with…
Jul
2015
Pakistan and the Iran deal
After 18 long days of intense discussions, Iran and the international community finally reached a landmark agreement, which is likely to lift the UN sanctions on Iran. Pakistan, as a…