Tundra Fonder, the Swedish emerging and frontier markets boutique, has raised fresh capital by selling a 9% stake each to Finnish insurers Alandia-Bolagen and Ålands Ömsesidiga Försäkringsbolag, which it intends to use to support fund launches this year....
Domestic demand within Asian markets is creating significant opportunities for long term investors in the region, says Matthews Asia's Sharat Shroff, co-lead manager on the Pacific Tiger sub-fund of the manager's Luxembourg Sicav.
Single country frontier markets equities funds are capable of providing some eye-watering returns on acceptable volatility, the problem is there are not many to choose from.
Tundra Fonder, the Swedish boutique specialising in emerging markets, is to sell its Pakistan fund in Norway, attracted by the large number of Pakistanis living in the country.
Sweden’s Tundra Fonder launched its Pakistan fund in late 2011. This year net monthly flows are starting to pick up pace along with the country’s improving sentiment among international investors, says portfolio manager and partner Johan Elmquist.