I'm considering putting in a pond on the shady south (non-equator-facing) of my single-story house. Various advice that I have seen online says that a pond needs at least half a day of full sun, and if it has fish, then full sun.
However, the house that I grew up in also had a pond in this position - hard up against the south wall of the two-storey house. It had goldfish, and a little bit of pondweed, and some algae. It was my job to clean the filter. I can't remember any problems that the shady spot caused. The fish seemed to be fine, and didn't get sick often that I remember.
So, what is behind this advice? Why would a pond need direct sunlight?