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

The Not So Rare Bird - The (Still Large) Lesser Dividend Trade

Gravity Works As WeWork Doesn't; Now Plan B

Quiddity Advisors

Quantitative Analysis

Japan Health care / Quantitative Analysis

<div><p>I often label these insights "Tuesday and Wednesday" because it has often been a Tuesday and Wednesday. This autumn's version is called "Monday and Tuesday." </p></div><div><p>Tuesday is a US$50 billion payday. </p></div><div><p>Market Impact is <em>theoretically</em> about ¥1.4-1.6 trillion on Monday's close..</p></div><div>
<p>Historically, the impact on September is not as big as March, but it is worth knowing about. And if you have portfolios to adjust, there will be opportunities to take advantage of style bias seasonality in the next few days.</p>
<p><em>For more detail on assumptions, please refer to my in-depth analysis in <a href="https://www.smartkarma.com/insights/japan-passive-who-owns-what-2020" target="_blank" data-smartkarma-citation="insights:42199" rel="noopener">JAPAN PASSIVE: Who Owns What 2020?</a> to understand more about which investors and investors types have allocated how much to which benchmark in pure passive (ignores their active allocations to the same benchmark) to understand float, activity, and investor obligation. </em></p>
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I often label these insights "Tuesday and Wednesday" because it has often been a Tuesday and Wednesday. This autumn's version is called "Monday and Tuesday." Tuesday is a US$50 billion payday. Market Impact is theoretically about ¥1.4-1.6 trillion on Monday's close..
Historically, the impact on September is not as big as March, but it is worth knowing about. And if you have portfolios to adjust, there will be opportunities to take advantage of style bias seasonality in the next few days.
For more detail on assumptions, please refer to my in-depth analysis in JAPAN PASSIVE: Who Owns What 2020? to understand more about which investors and investors types have allocated how much to which benchmark in pure passive (ignores their active allocations to the same benchmark) to understand float, activity, and investor obligation. 


It's the Lesser Giant Dividend Trade of September Again