Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

HK Type 4 license through Ballingal Investment Advisors Ltd. ("BIA" or "BIAL")

BACKGROUND
I have 20+yrs experience in Asia doing alternative strategies (i.e. non-delta1 non long-only) in fixed income, equity derivatives, and activist/catalyst/event-driven and long-short equity strategies with most of that time spent managing money. 

4 years in fixed income macro, 8 years running internal hedge fund and 4yrs investment banking at Citi in Japan, 3 years running an Asia multi-strat portfolio at a hedge fund, 4+yrs as an independent special situations analyst.

Pan-Asia Catalysts/Events

Couche-Tard Execs in Tokyo, "Hoping" For Meetings But Really There To Hold a Press Conference

7-Eleven Corp: Fresh Food = Fresh Growth = Fresh Profits

Revised Couche-Tard Bid for 7&I and a Flurry of News Items Ahead of Earnings

7&I Results and Plans - The Good, The Bad, The Ugly, The Respectable, Unfortunate, and Encouraging

Artisan Partners Writes a Letter To the 7&I Board (3382) - Meh...

The TOPIX October FFW Trade - BIG Numbers

Quiddity Advisors

Event-Driven

<ul>
<li>Some two weeks after it became apparent <a href="https://www.smartkarma.com/entities/alimentation-couche-tard-inc" target="_blank" data-smartkarma-citation="entities:25103:1" rel="noopener">Alimentation Couche-Tard (ATD CN)</a> had lobbied a bid in for <a href="https://www.smartkarma.com/entities/seven-i-holdings-co-ltd" target="_blank" data-smartkarma-citation="entities:1041:1" rel="noopener">Seven &amp; I Holdings (3382 JP)</a>, Artisan Partners wrote a letter.  </li>
<li>It was full of misguided analysis, ungrounded insinuation of a general nature without specifying where they would have a problem. It seemed to be complaint for the sake of complaint.</li>
<li>Today another public letter. This time there are a couple of worthwhile suggestions, some accusations of fiduciary impropriety based on no evidence, and an implicit admission they should have sold?</li>
</ul>


Some two weeks after it became apparent Alimentation Couche-Tard (ATD CN) had lobbied a bid in for Seven &amp; I Holdings (3382 JP), Artisan Partners wrote a letter.  
It was full of misguided analysis, ungrounded insinuation of a general nature without specifying where they would have a problem. It seemed to be complaint for the sake of complaint.
Today another public letter. This time there are a couple of worthwhile suggestions, some accusations of fiduciary impropriety based on no evidence, and an implicit admission they should have sold?


7&I Holdings (3382 JP) - Artisan Writes Another Letter - Based on Content, They Should Sell Any Pop