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

January 20, 2026

Bonafide Quarterly-Update Q4 2025

The Global Fish Fund delivered a positive performance (+2.39% in EUR) in the fourth quarter of 2025, despite a challenging market environment – reaffirming the resilience of the global Fish & Seafood sector as a sustainable protein solution. With an attractive valuation, solid dividend base, and structural growth potential, the fund offers investors a compelling diversification opportunity for 2026 and beyond. Read more about how even modest capital inflows have led to a significant revaluation among Chilean salmon names.

November 13, 2025

Bonafide at the Fondsgipfel Academy – Fish & Seafood: Markets, Demand and Controversies

Understanding global Fish & Seafood markets. At the Fondsgipfel Academy, our CIO explains why aquaculture and marine proteins rank among the most compelling investment themes of our time.

Comments