Frontier market specialist consolidates four funds into one

Tundra's funds peaked in 2018, after which the company saw strong outflows also continuing somewhat into 2019. CIO Mattias Martinsson, who in June said he didn't expect more investors to give up on the asset class this year, is hopeful of the upcoming US election. "The election can enable investors to note there is a new president with a more positive outlook on the outside world," he says.

Mattias Martinsson, CIO of Tundra Fonder. | Photo: Tundra PR.

Frontier market fund manager Tundra is consolidating its Pakistan, Vietnam and Frontier Africa funds in its Sustainable Frontier Fund by early September.

Chief Investment Officer Mattias Martinsson says no drama is involved in the decision, but also admits that the ongoing reform of Sweden's Fondtorget pension platform did play a role in the process.

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