New Asset Class: Aquaculture therefore, everyone, research

invic

What does everyone think about aquaculture (i.e. fish) as an asset class?
Owning fish makes just as much sense as owning timber. Timber is a long duration asset that is susceptible to disease, fire etc. Fish, on the other hand, can grow rapidly and turnover quickly and are therefore lower duration assets. If timber is the long bonds of the real asset world than aquaculture is more akin to bank loans.
Active managers could add a ton of value here as this market is rich for fundamental research. Additionally, like fixed income, tons of opportunity for out-of-benchmark selection (crawfish, eels etc.).
You could even run a long/short fund in this market. Let’s say you’re bullish on high quality names and think a junk rally is soon to end. Long salmon/short catfish. Great pairs trade with little to no systemic risk.
Think emerging markets are going to grow and demand more fish but not sure what local preferences will be? Just purchase an aquaculture ETF and access cheap, beta exposure to this asset class. The opportunity for financial innovation is endless.