• Frontier markets continued to rise in April, +4.8% in SEK (MSCI Frontier Markets xGCC Net).
• After a cautious start of the year, Nigeria rose 7.0% in April. Together with Kenya’s 9.5% this made Sub-Sahara a top performer during the past month.
• Traditional emerging markets did not manage to match the frontier market performance but with a return of +1.1% (SEK) in April emerging markets have risen three consecutive months.
• We would also like to take this opportunity to welcome our two latest additions to our Karachi office, as Hamza Sheikh and Momin Saeed now have assumed their positions as analysts.
Read the entire update here
Kundgrupp / Investortype:
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