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

Mercari (4385) TOPIX Inclusion, Finally... And It's Bigger Than It Looks

Mercari (4385) - End-July TOPIX Inclusion Update

TOPIX Rebalance: End-July Rebal Is $3.5bn One-Way - Some Big Sell Names

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Quiddity Advisors

Event-Driven

<ul>
<li>The TOPIX Free-Float Rebalance for July will be executed tomorrow at the close. </li>
<li>There should be about US$3.5bn to trade one-way with 150+ names down-weighted, 36 names up-weighted, and one inclusion - <a href="https://www.smartkarma.com/entities/mercari-inc" target="_blank" data-smartkarma-citation="entities:27149:1" rel="noopener">Mercari Inc (4385 JP)</a>.</li>
<li>The trade has performed well so far, and excess volume appears limited in most cases. It appears uncrowded.</li>
</ul>


The TOPIX Free-Float Rebalance for July will be executed tomorrow at the close. 
There should be about US$3.5bn to trade one-way with 150+ names down-weighted, 36 names up-weighted, and one inclusion - Mercari Inc (4385 JP).
The trade has performed well so far, and excess volume appears limited in most cases. It appears uncrowded.


TOPIX July Rebalance: Good Performance, Low Progression, Should Trade Right Way

Chugai Pharmaceutical

TOPIX July Rebalance: Good Performance, Low Progression, Should Trade Right Way