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

Morinaga (2201) Mostly Exits Morinaga Milk (2264) - Big Buyback

Quiddity Advisors

Event-Driven

A bit over a month ago on 24 February, the Nikkei carried an <a href="http://asia.nikkei.com/Business/Deals/Morinaga-snack-dairy-makers-to-combine-in-2018" target="_blank">article</a> which described the plans <a href="https://www.smartkarma.com/entities/1835" target="_blank" data-smartkarma-citation="entities:1835:1">Morinaga &amp; Co Ltd (2201 JP)</a> and <a href="https://www.smartkarma.com/entities/20907" target="_blank" data-smartkarma-citation="entities:20907:1">Morinaga Milk Industry Co (2264 JP)</a> had to combine, including an apparent decision regarding the two top C-suite spots ("Morinaga Milk President Michio Miyahara is eyed as chairman of the holding company, while Toru Arai, his counterpart at Morinaga &amp; Co., is likely to become president").The market responded Yesterday, Morinaga Milk and Morinaga &amp; Co <a href="http://www.morinagamilk.co.jp/english/about/pdf/20170330_en.pdf" target="_blank">announced</a> they have…

A bit over a month ago on 24 February, the Nikkei carried an article which described the plans Morinaga &amp; Co Ltd (2201 JP) and Morinaga Milk Industry Co (2264 JP) had to combine, including an apparent decision regarding the two top C-suite spots ("Morinaga Milk President Michio Miyahara is eyed as chairman of the holding company, while Toru Arai, his counterpart at Morinaga &amp; Co., is likely to become president").The market responded Yesterday, Morinaga Milk and Morinaga &amp; Co announced they have…

Morinaga Milk Industry Co

Morinaga Merger Plans On Ice For Now