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

JAPAN ACTIVISM:  Silchester's Bank of Kyoto AGM Results - Activism Still Failing

JAPAN ACTIVISM:  Silchester's Chugoku Bank AGM Ploy Fails - Won't Be an Activism Target

JAPAN ACTIVISM:  Silchester AGM Effort Fails But Bank of Iwate (8345) Is Cheap As Chips

Bank of Kyoto (8369) - A Complicated Risk Model Clarified

JAPAN ACTIVISM:  Silchester Goes After Bank of Kyoto

Bank of Kyoto (8369) Surprises With a Cross-Holding Sale Plan (Albeit Small)

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Quiddity Advisors

Event-Driven

<ul>
<li>Bank of Kyoto has twice changed/improved its capital governance in the past six months.</li>
<li>Silchester International Investors wants it to do more, asking for a small special dividend at tomorrow's AGM. I don't think it will get it. </li>
<li>The holdco is now a better holdco trade than it was 6mos ago, and trading the range is the right way to look at it. </li>
</ul>


Bank of Kyoto has twice changed/improved its capital governance in the past six months.
Silchester International Investors wants it to do more, asking for a small special dividend at tomorrow's AGM. I don't think it will get it. 
The holdco is now a better holdco trade than it was 6mos ago, and trading the range is the right way to look at it. 


Bank of Kyoto

Bank of Kyoto - Trading the Holdco Range