Frontier market specialist sees a long-awaited turnaround

After challenging years, disappointing returns and investors fleeing, the tide seems to be turning for Swedish frontier markets investor Tundra. Return is well beyond positive territory, and for the first time in years, the fund saw inflows in November and December.

Mattias Martinsson, co-founder and chief investment officer at Tundra Fonder. | Photo: PR/Tundra Fonder

Year 2020 did not start well for Swedish boutique investor Tundra Fonder, which was already hard-pressed. When Covid-19 struck the world and the financial markets in March, Tundra's four funds had already gone through two challenging years.

When markets began bouncing back, the same thing did not happen to frontier markets to the same degree.

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