• 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…

• March was a strong month for emerging and frontier markets with returns of 4.1% and 2.6% respectively (in SEK). Several of the markets rose more than 10%. Worth noticing…

• A weak month for smaller frontier markets led by the two most important markets Nigeria and Pakistan. We describe the background to the turbulence in Nigeria and what we…

During January, Tundra Fonder announced the opening of a research office in Karachi, Pakistan, for coverage of Pakistan, Bangladesh, Vietnam and other frontier markets in the region. We take another…

Tundra Fonder Monthly Letter December 2013. • 2013 turned out to be an unusual year for emerging markets as they for the first time since 1998 fell (-3.8% in SEK)…

Tundra Fonder Monthly Letter November 2013 • November turned out to be another satisfying month for frontier markets with positive return. We conclude that frontier markets have given a return…

Wall Street Journal article on the Pakistani equity market. Article in Wall Street Journal

Monthly report November Tundra Pakistanfond (short version) Monthly report November Tundra Rysslandsfond(short version)

Every month Tundra will publish an abbreviated version of our monthly report shortly after each month’s end. This will be published in Swedish as well as English. A longer Swedish…