Theory of Thing: Bluefin, Flake and Fishing Rights with Anthony Ciconte

Most people have never thought about who owns the right to catch the fish on their plate. It turns out it’s a real asset, and it trades. This week James Whelan and Heath Moss head out to sea with Anthony Ciconte, head of Atlantis Fisheries Consulting Group. Anthony traces his path from selling lobster tanks in Chinatown to managing statutory fishing rights for investors. He explains how quota works as a title to a share of the catch in perpetuity, and why southern bluefin tuna has gone from near-collapse to a global management success story. The global catch limit has just been lifted to 23,647 tonnes a year for 2027–29. They also cover how investors earn a return through leasing and capital growth, and the new country-of-origin labelling rules for seafood that started on 1 July. Anthony also explains why Australia’s science-based management and on-board camera monitoring underpin the sector. Back on shore, James runs through the week’s SmallCaps headlines: Mount Ridley Mines, CurveBeam AI, Cobalt Blue, LinQ Minerals, BSA and Cleo Diagnostics. Heath unpacks Wall Street’s sell-off, bond buying, oil’s risk premium, and the hyperscaler earnings and US midterms ahead. 00:00 Intro 02:30 Anthony Ciconte: from lobster tanks to Atlantis 05:15 What is a statutory fishing right? 07:15 Quota vs water rights and farmland 08:45 Science, sustainability and the bluefin tuna comeback 13:25 How a quota increase flows to investors 17:15 Where the returns come from 18:30 Ways to invest: direct quota or a managed fund 20:20 Country-of-origin labelling 23:10 Demand, exports and compliance 25:45 Who’s investing, and resilience through the GFC and COVID 33:35 SmallCaps headlines 36:45 Heath’s market wrap Disclosure: This podcast is general information only and not financial advice. It does not take your personal circumstances into account. Speak to a licensed adviser before making any investment decision. visit https://atlantisfcg.com/ for more information General advice only, if at all. Please seek your own advice or drop us a line for more information. Support this show http://supporter.acast.com/the-bip-show. * * * Hosted on Acast. See acast.com/privacy for more information.