In August 2015 Tundra launched a unique new fund offering exposure to frontier markets combined with an investment process based on sustainable investments.
Frontier markets are the new emerging markets. Countries such as Vietnam, Bangladesh, Nigeria and Pakistan are about to repeat the economic success India and China already have had. The development is driven by a young, fast growing population which thanks to education gradually is becoming more productive.
Infrastructure investments, urbanization, foreign direct investments and increasing political stability combined with economic reforms are also contributing positively.
The fund applies a sustainability approach to the investment process. Companies involved in the production and marketing of tobacco, alcohol, weapons, pornography or commercial gambling are excluded from the fund. Companies breaching the UN Conventions are also excluded. The sustainability process is based on so called Engagement where Tundra has dialogues with companies breaching the conventions.