Northstar BCI Equity Fund: Q3 2024 Commentary

The Northstar BCI Equity Fund had a strong quarter, as it benefited from a strong rebound in South Africa-sensitive assets over the past six months. While we expect some volatility heading into year-end, we believe the medium-term outlook for South African cyclicals, particularly in banks, insurers, retailers, property, and general industrials, remains broadly favourable, with attractive valuations. Listen to Marco Barbieri give an update on the performance and positioning of the Northstar BCI Equity Fund. Listen for more information on the fund's positioning, as well as opportunities we see looking ahead.