Tundra Fonder is waiting for a trigger to turn frontier markets around after new blow from corona

The covid-19 outbreak in March came after five tough years for frontier markets. At Tundra Fonder, CIO Mattias Martinsson is waiting for the trigger that will start a turnaround to bring returns back up to balance out the currently low valuations.

Mattias Martinsson, Chief Investment Officer at Tundra Fonder. | Photo: PR/Tundra Fonder

When the coronavirus exploded around the world and onto financial markets in March, it made its mark on the already hard-hit returns at Swedish boutique investor Tundra Fonder. While global equities more or less have gained back losses, that is not the case for Tundra's funds that invest in frontier markets.

"March was the worst month since October 2008. March felt like a black hole was opening. We saw massive outflows from the markets. There was panic selling. That was the peak of the crisis," Mattias Martinsson, Chief Investment Officer at Tundra Fonder tells AMWatch.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

ETF specialist hires Nordic director

The US-based provider of exchange-traded products is strengthening its Nordic sales team with Amundi's former Head of ETF and Indexing in the Nordics.

Further reading

Related articles

Latest news

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch