Tundra gains distribution deal with Nordea

Swedish frontier markets boutique Tundra Fonder has signed a distribution deal with Nordea that will see its full range of funds made available to Nordea customers when the bank launches a new savings platform in Sweden.

This will facilitate trading in the manager’s funds, which CEO Jon Scheiber said reflects growing demand for products among institutional and advice-driven investors and private clients.

The manager’s funds are already available on several other platforms in Sweden,as well as in Finland, Denmark, Norway and Switzerland. These include:

SwedenAktieinvest
Avanza
Consortum
Fondmarknaden
Max Matthiessen
Garantum
MFEX
Movestic
Nasdaq OMX
Nord
Nordea
Nordnet
Skandia
SEB
Strukturinvest
Söderberg & Partners 
FinlandElite
Nordnet
DenmarkIM Distribution
NorwayNorcap
Nordnet
Skandia
SwitzerlandOpenFunds

Schieber notes that the Tundra Pakistan Fund has delivered the second-highest return over the past five years among the 2,070 Morningstar-listed equity funds available in Sweden.

Its local staff at Tundra’s Karachi office celebrated the Nordea distribution deal with the following message:

 

ABOUT THE AUTHOR
Jonathan Boyd
Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope. Jonathan has over two decades of media experience in Japan, Australia, Canada and the UK. Over the past 16 years he has been based in London writing about funds and investments . From editing the newsletter of the Swedish Chamber of Commerce in Japan in the 1990s he now focuses on Nordic markets for InvestmentEurope.

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