Dec
2019
Pakistan – Turning the tide
Apr
2019
Tundra Annual Sustainability Report 2018
In this Annual Sustainability Report, we summarise our efforts within the field of ESG. During the past year, we have observed a continued focus on the importance of sustainable solutions…
Dec
2018
Tundra Christmas Donation 2018
Each year during the holiday season Tundra Fonder makes a small carefully considered financial contribution to an organisation working with vulnerable sections of society. This year we chose Alliance Anti…
Dec
2017
Tundra Christmas Donation 2017
Each year during the holiday season Tundra Fonder makes a small carefully considered financial contribution to an organisation working with vulnerable sections of society. This year we chose ECPAT PEaCE,…
Nov
2017
Why Index Investing in Frontier Markets is Not Always a Good Idea
Sep
2017
Tundra Comment – Pakistan: Where do we go from here?
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…
Sep
2017
Tundra case – Aisha Steel
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…
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 Focus – Views on ESG in Vietnam
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…
Jan
2017
Tundra Case – Daewoo Express Bus Services
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…