Tundra Fonder’s Semiannual Sustainability Report shares highlights from the first six months of 2017. At Tundra we believe that ‘ESG’ – the inclusion of environmental concerns, social factors and corporate…

PAKISTAN – WHERE DO WE GO FROM HERE? Since the peak on May 24th earlier this year, the Pakistan equity market has corrected significantly. From peak to bottom the MSCI…

Aisha Steel Mills Limited (ASML) bought on behalf of three of Tundra Fonder’s funds represents a sustainable mid-sized steel company in Pakistan. The case study establishes the global water, energy…

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…

Since we opened our office in Ho Chi Minh City last year, several of us from Tundra have had the opportunity to visit Vietnam. This report gathers some of our impressions on ESG-related…

In this Annual Sustainability report we summarize our efforts within ESG during the past year. Tundra’s ESG process is governed by international standards of responsible investing and has been so…

This case report on Daewoo Express Bus Services, the largest and one of few organized transportation companies in Pakistan, describes an investment where the business case is very closely linked…

It has become somewhat of a tradition for Tundra to every year in December make a small financial contribution that benefits the disadvantaged and the vulnerable in society. The main…

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…