Pakistan is closed for Eid Al-adha celebrations September 12-14. Nigeria is closed Sept 12-13 for the same reason. There will be no trading in Tundra Pakistan Fund Sept. 12-14, and no trading in Tundra…

In this quarterly report on Tundra’s ESG-related work we emphasize the social aspects of ESG and the focus is on workers’ conditions. We present an overall perspective on the situation…

Frontier markets rose 1.9% (MSCI Frontier Markets xGCC Net SEK) during the past month. If it wasn’t for index heavyweight Nigeria, the performance would have been even better and in…

Please find Tundra’s Monthly Letter for June attached. June was all but a quite summer month, frontier markets (MSCI FMxGCC net ) fell  1.7% compared to  MSCI Emerging Markets rising…

The stock market in Pakistan is closed on Friday July 1st, and July 5th-8th for Eid-al-Fitr. The end of the fast is also celebrated in Nigeria on July 5th, 6th…

Mathias Althoff comments on the developement in Nigeria on Bloomberg Radio. Listen to the segment below.  

Nigeria has expressed its intentions to let the market determine the value of the Naira starting Monday June 20th after 15 months of a central bank kept rate at 197…

Mattias Martinsson joins Bloomberg TV to talk about the investment case for Pakistan. Scroll to 30:25 if you don’t have time to watch the entire show here.

Investment Europe writes about the MSCI upgrade of Pakistan to Emerging Market. Read the article here.

Return wise, May was a strong month for frontier markets (+6.5% in SEK). Nigeria as well as Kazakhstan outperformed rising 20%. Year-to-date frontier markets have returned 5%, outperforming emerging (+1%)…