The Investment Process

Our Investment Committee

The Research and Portfolio Management departments are responsible for the structuring and implementation of the investment process. The Investment Committee, which is convened by the Management Board on a product basis, approves changes to the process. Furthermore, the committee defines the framework conditions and monitors compliance and risk parameters. Documentation is provided in the form of protocols of the Investment Committee meetings. The operational tasks are fully delegated to the Research and Portfolio Management departments. The Executive Board itself sits on the Investment Committee.

Philipp Hämmerli

Chief Investment Officer (CIO)

Philipp Hämmerli

Chief Investment Officer (CIO)

ph@bonafide-ltd.com +423 388 00 35

Professional experience:
Philipp Hämmerli is the managing director responsible for the portfolio management and research team. Before joining Bonafide in spring 2018, he worked for Liechtensteinische Landesbank (LLB) in the institutional clients business for five years. His main activities included advising fund clients on banking, stock market and fund-related topics. His entry into finance began in 2007 with a classical banking apprenticeship. His affinity for the world markets intensified as a junior trader for a Swiss regional bank, where he dedicated himself to the execution of stock exchange and foreign exchange transactions, refinancing and liquidity management, among other things. He holds a bachelor's degree in banking & finance from the Zurich University of Applied Sciences.

Key competencies & experience:
Expert in financial analysis of companies, especially in the fish & seafood universe. Several years of experience with fund structures, especially the versatile duties of fund custodianship. Broad specialist knowledge in trading in securities, foreign exchange and money market transactions.

Martin Janser

President of the Board of Directors

Martin Janser

President of the Board of Directors

mj@bonafide-ltd.com +423 388 00 32

Professional experience:
Martin Janser is the president of the board of directors and a member of the investment committee. Additionally, he serves as the President of the Board of Directors of Janser Holding AG, a family-owned company. Previously, he worked for several major banks in asset management and investment consulting and was responsible for research and portfolio management of the Bonafide funds for many years. Martin Janser holds a degree in business administration and an MAS in real estate management.

Key competencies & experience:
Extensive experience in portfolio and risk management. Development and administration of a portfolio consisting of real estate properties, construction sites, and the creation of new real estate projects for the Janser Group. He oversees the financial investments of the entire Janser Group and monitors the investment processes and associated risks.

Christoph Baldegger

Board Member

Christoph Baldegger

Board Member

cb@bonafide-ltd.com +423 388 00 31

Professional experience:
Christoph Baldegger is a founding member and a member of the Board of Directors at Bonafide. From 2004 to 2008, he was a member of the executive team of a private equity firm, jointly responsible for developing tangible asset investments in sectors such as fish farming, farmland, and timber. From 1998 to 2004, he lent his expertise in research, corporate development, consulting, and as a fund manager at various Swiss private banks. From 1990 to 1998, he worked as an investment banker in Switzerland and London. Subsequently, he took the leap into self-employment and founded Bonafide. For many years, he worked in sales and was also a part of the Investment Committee. Christoph Baldegger is a Certified European Financial Analyst (CEFA).

Key competencies & experience:
Experience in aquaculture and fisheries; participated in the FBA Aquaculture Course for fish farming; holds his own fishing license; international industry experience; development of aquaculture in South America; leadership and marketing skills; development of Bonafide and launch of the Bonafide Global Fish Fund.

Gilbert Vergères

Board Member

Gilbert Vergères

Board Member

gv@bonafide-ltd.com +41 78 898 78 70

Professional experience:
Gilbert Vergères is a member of the Board of Directors. In 1998, he became self-employed and served as CEO and board member of an asset management company until 2013. His primary responsibilities included client services, managing the company's proprietary investment fund, and research. He has worked for various Swiss private banks in equity trading, arbitrage trading, and fund trading. Additionally, he was responsible for client services in the areas of securities, Eurex trading, and structured products. At Bonafide, he spent many years working in portfolio management and sales.

Key competencies & experience:
Extensive experience in private equity and portfolio management, along with a vast expertise in structuring and managing fund structures.

Systematic investment process

The thematic focus within our investment approach allows us to see completely different perspectives than the average investor is likely to. Our macrouniverse is flooded with knowledge and news every day , whether through newsfeeds from the industry, the financial market or through our broad network that we have been building and maintaining for over 10 years.

The central task which drives the day-to-day work at Bonafide is to process this knowledge and to draw the right conclusions from it. The sector catalogue we have developed in-house divides companies into their respective roles within the supply chain. It enables us to carry out evaluations and comparisons of specific companies with a level of differentiation that global data providers are unable to provide.

Picture Martin Janser

Our systematic investment process sorts the macrouniverse using filter criteria, resulting in an investable investment universe ready for further analysis. Our financial specialists then devote themselves to quantitative and qualitative analyses, which, in particular, also critically assess the sustainability aspects of the company.

Once again, the network we have built up over the years helps us enter into dialogue with people, managers, analysts, and companies and ask the right questions. By meeting on a regular basis, we ensure that opportunities are seized and carefully analysed from different perspectives.

Portfolio management then makes the investment keeping a close eye on risk parameters. We are regularly accountable to our investors and are happy to explain our concepts and activities in person upon request.

We search. We filter. You invest.

Graphic Investment Process
Graphic Investment Process

Derivatives policy

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