Bonafide quarterly webinar Q3 2024

Welcome to the Bonafide Update for Q3 2024

In this webinar, we provide you with a comprehensive insight into the current developments in the Fish & Seafood sector, as well as the performance of our Bonafide Global Fish Fund. We analyze the key trends and opportunities within the Fish & Seafood industry:

  • Overview of fund performance with an increase of 6.83% in EUR since the beginning of July
  • Insights into MOWI's strategy, the world's largest salmon producer
  • Analysis of the impacts of carry trades on Japanese companies in the portfolio
  • Discussion on new technologies in aquaculture, such as underwater cages and post-smolt facilities
  • Outlook on political developments in Norway, Chile, and Canada and their influence on the industry
  • Evaluation of the current fish stock situation and the growing importance of aquaculture

Discover why the Fish & Seafood sector continues to offer attractive investment opportunities and how Bonafide is leveraging these chances for you.

00:00 - Introduction
02:15 - On-site in Frøya, Norway
05:40 - Top/Flop Performers Q3
08:13 - Carry trades - Yen and currency-resilient business models
10:39 - Strategy Update MOWI
20:06 - Assessment of the political situation
22:43 - Current evaluation of the Bonafide Global Fish Fund
24:04 - Health of fish stocks
29:44 - Closing remarks
31:40 - Q&A session

Watch the video now and join the #BlueRevolution!

Quarterly update September 2024

Slide set quarterly webinar September 2024

Previous Insights

October 13, 2026

Bonafide Quarterly Update Q3 2026

Stock selection and operational recovery: The Bonafide Global Fish Fund returned +6.34% in EUR in Q3 2026, taking its year-to-date gain to +9.04%. The Quarterly Update examines the recovery in Norwegian salmon producers, recent portfolio decisions and the value potential of AKVA Group. The Deep Dive explores the balance between more affordable salmon and rising feed costs.

July 14, 2026

Bonafide Quarterly-Update Q2 2026

Diversification in concentrated markets: The Bonafide Global Fish Fund remains positive in 2026, supported by structural growth, attractive valuations and low correlation to global equity indices. Our latest quarterly update covers performance, portfolio opportunities and the protein supercycle.

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