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

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/qube-holdings-ltd" target="_blank" data-smartkarma-citation="entities:958:1" rel="noopener">Qube Holdings (QUB AU)</a> saw a near 5% block sold Friday after the close at a small discount - likely the long-awaited CPPIB cleanup trade.</li>
<li>This morning, the company announced a A$400mm off-market buyback, with record date 29 March, giving appropriate investors time to build a position.</li>
<li>This should be something like 7.2-7.8% buyback, leading to 7.5-8.5% EPS accretion for 2023.</li>
</ul>



Qube Holdings (QUB AU) saw a near 5% block sold Friday after the close at a small discount - likely the long-awaited CPPIB cleanup trade.
This morning, the company announced a A$400mm off-market buyback, with record date 29 March, giving appropriate investors time to build a position.
This should be something like 7.2-7.8% buyback, leading to 7.5-8.5% EPS accretion for 2023.


Qube Holdings BIG (7+%?) Off-Market Buyback