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: Murakami-Père Ran Up Mitsui Matsushima (1518 JP), Now Murakami-Fille Selling Down

JAPAN ACTIVISM: Murakami-Related Buyers Go from 5% to 20% of Mitsui Matsushima (1518) In 5 Days. Hmm

Aozora (8304) - Daiwa Securities Group (8601) Tie-Up - Daiwa To Buy 15+%

JAPAN ACTIVISM: Murakami's Aozora Bet Not Going Anywhere, But No Sales Yet

Quiddity Advisors

Event-Driven

<ul>
<li>Noted Japanese activist MURAKAMI Yoshiaki and his entities and relations went from 4.98% to 19.88% of <a href="https://www.smartkarma.com/entities/mitsui-matsushima-co-ltd" target="_blank" data-smartkarma-citation="entities:13569:1" rel="noopener">Mitsui Matsushima (1518 JP)</a> at an average ¥3,500/share from 2 May through 10 May.</li>
<li>Then they bought an additional 5.44% on 13 May, just before earnings, in the midst of a huge run-up, paying 40% more for that 5% than the first 5%. </li>
<li>I thought that might be the end, but in two days, they have bought an additional 9+%. There is something else going on. It is worthy of your attention. </li>
</ul>


Noted Japanese activist MURAKAMI Yoshiaki and his entities and relations went from 4.98% to 19.88% of Mitsui Matsushima (1518 JP) at an average ¥3,500/share from 2 May through 10 May.
Then they bought an additional 5.44% on 13 May, just before earnings, in the midst of a huge run-up, paying 40% more for that 5% than the first 5%. 
I thought that might be the end, but in two days, they have bought an additional 9+%. There is something else going on. It is worthy of your attention. 


JAPAN ACTIVISM:  Murakami Now 29% of Mitsui Matsushima. Activism? Or Effort to Make Murakami Listco