15
Dec
2016
Monthly Updates, News
TUNDRA FONDERS MONTHLY UPDATE NOVEMBER 2016

Sustainability has for a long time been an integrated part of how Tundra invests. We are now taking the next step by screening all our funds for norm violations.

Frontier markets (MSCI Frontier Markets xGCC Net) fell 1.2% (SEK) during November.

  • The unexpected Trump election victory was the dominating event across global equity markets including frontier markets. With the exception of Argentina (-7%), the negative reaction was however muted with domestic frontier markets investors being buyers at several Asian frontier markets.
  • The Pakistani equity market reached a new all-time-high rising 5.8% (SEK) as previous sources of market concern petered out.

Click for the full Pakistan or Frontier Opportunities update.

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