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

Event-Driven

<p>'Tis the season of merger announcements as subsidiaries/affiliates/partners get swallowed up by their larger sponsors. </p><h2>THE ANNOUNCEMENT</h2><p>Friday after the close saw <a href="https://www.smartkarma.com/entities/73" target="_blank" data-smartkarma-citation="entities:73">Toyota Motors</a> and <a href="https://www.smartkarma.com/entities/16926" target="_blank" data-smartkarma-citation="entities:16926">Daihatsu Motors</a> officially announce their long-expected tie-up.</p><p>The statement released (<a href="http://newsroom.toyota.co.jp/en/detail/11038357/" target="_blank">E</a>, <a href="http://newsroom.toyota.co.jp/jp/detail/11038291/" target="_blank">J</a>) had some vague platitudes (poppycock) about...</p><ul>
<li>working together but competing on a friendly basis with separate brands,</li>
<li>Toyota and Daihatsu not "feeling like they had to go it alone", and "now being able to focus on their core…</li>
</ul>

'Tis the season of merger announcements as subsidiaries/affiliates/partners get swallowed up by their larger sponsors. THE ANNOUNCEMENTFriday after the close saw Toyota Motors and Daihatsu Motors officially announce their long-expected tie-up.The statement released (E, J) had some vague platitudes (poppycock) about...
working together but competing on a friendly basis with separate brands,
Toyota and Daihatsu not "feeling like they had to go it alone", and "now being able to focus on their core…


Daihatsu: Maybe Wrong Ratio. Not Much You Can Do