Jul
2017
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,…
Jul
2017
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…
Jul
2017
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%….
Jun
2017
Trading holidays due to midsummer and Eid al-fitr
Jun
2017
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…
Jun
2017
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…
Jun
2017
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…
Jun
2017
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%)…
Jun
2017
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%)…
Jun
2017
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….