Northstar BCI Equity Fund – Q1 26 – Volatility Returns

The first quarter of 2026 reminded investors how quickly market conditions can shift. Rising geopolitical tensions, higher energy prices, and fading rate-cut expectations all contributed to a more volatile environment, both globally and locally. In this update, Marco Barbieri talks with Marang Morudu about what drove performance, how the fund navigated the quarter, and where we are seeing opportunity emerge.