PRESS RELEASE – AWARD WINNING PORTFOLIO MANAGER JOINS TUNDRA

Tundra Fonder continues its expansion in frontier markets, the new emerging markets. Tundra Pakistan Fund has been the best performing fund over five years in the Swedish government pension fund system PPM with close to 300% return. The asset manager now recruits Asif Arslan Haider Soomro, award winning portfolio manager, to the Karachi office.

Prior to joining Tundra Soomro was Head of Equity Funds at JS Investments in Pakistan For several years he has belonged to the top performing portfolio managers in Pakistan and was recently awarded a Lipper Award for best Pakistani equity fund during the past five years. Soomro will now be part of Tundra’s investment team headed by Chief Investment Officer Mattias Martinsson.