7
Jul
2017
Sustainable
Monthly comment – June

The market MSCI Frontier Markets xGCC Net (SEK) fell 1.5% and MSCI Emerging Markets Net (SEK) fell 2.1% during the month. In local currency, we saw marginally rising share prices,…

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7
Jul
2017
Africa
Monthly comment – June

The market MSCI EFM Africa ex South Africa Net Total Return Index rose 1.6%, better than other frontier markets (MSCI Frontier Markets xGCC Net -1.5%). Nigeria rose 6.9%, Egypt fell…

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7
Jul
2017
Monthly updates, News
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%….

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22
Jun
2017
Africa, News, Pakistan, Sustainable, Vietnam
Trading holidays due to midsummer and Eid al-fitr
Long weekend in most of our funds coming up due to Midsummer in combination with Eid al-fitr. Tundra Frontier Africa - closed June 23-27. Tundra Frontier Opportunities - closed June 23-26. Tundra Pakistan -...
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16
Jun
2017
Africa, News, Pakistan, Reports, Sustainable, Vietnam
Frontier Markets – Where will you be invested in three years?

On June 1st, Pakistan was formally upgraded to emerging market status by MSCI. In June 2018, Argentina is a probable upgrade candidate and in 2-3 years it is realistic that…

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15
Jun
2017
Monthly updates, News
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%. Africa outperformed during May and Nigeria rose by 15.7% while…

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15
Jun
2017
Vietnam
MONTHLY COMMENT – MAY

THE MARKET The Vietnamese market performed well during the first half of May, but concern over high margin borrowing balance by local investors put pressure on the market toward the…

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15
Jun
2017
Sustainable
MONTHLY COMMENT- MAY

THE MARKET MSCI Frontier Markets xGCC Net rose 4.1% during the month, compared with MSCI Emerging Markets Net, which rose by 1.5%. The market was driven primarily by Nigeria (+16%)…

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15
Jun
2017
Sustainable
MONTHLY COMMENT- MAY

THE MARKET MSCI Frontier Markets xGCC Net rose 4.1% during the month, compared with MSCI Emerging Markets Net, which rose by 1.5%. The market was driven primarily by Nigeria (+16%)…

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15
Jun
2017
Pakistan
MONTHLY COMMENT- MAY

THE MARKET The month was dominated by two key events – the MSCI Emerging Market upgrade and the last federal budget of the current government. Surprisingly, both surprised the market….

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