Economist, Centennial Asia Advisors

Jason Tan

Economist

Centennial Asia Advisors

At Centennial Asia Advisors, we tell it like it is. We have no vested interests, no need for a China wall, and no reason to skew our outlook any other way. With over 30 years experience covering Asia’s political economy, you can be sure our conclusions and analyses are based on the unadulterated facts. Through years of fine-tuning our research methodologies, we deliver a quality of macroeconomic analysis few other houses can match.

Centennial Asia Advisors is an independent research and advisory firm that works with governments, multilateral institutions, financial firms and leading MNCs.

Economic Policy and Strategic Advisors

Macroeconomics

<ul><li>Japan's economy appears to be turning the corner, as cyclical conditions improve and structural changes show progress.</li><li>An important structural adjustment is the entry of a significant proportion of females into the labour force, as cultural stereotypes are gradually broken.&nbsp;Adding more females to the workforce will generate economic benefits and lift Japan's languid growth trajectory.</li><li>Given Japan's revitalised economy, Asian countries, especially ASEAN economies, will stand to benefit from the increased trade and investment flows.</li></ul>

Japan's economy appears to be turning the corner, as cyclical conditions improve and structural changes show progress.An important structural adjustment is the entry of a significant proportion of females into the labour force, as cultural stereotypes are gradually broken.&nbsp;Adding more females to the workforce will generate economic benefits and lift Japan's languid growth trajectory.Given Japan's revitalised economy, Asian countries, especially ASEAN economies, will stand to benefit from the increased trade and investment flows.

Asia Economist and CEO, Centennial Asia Advisors

Manu Bhaskaran

Asia Economist and CEO

<ul><li>Japan is offering USD110bn for Asia&rsquo;s infrastructure needs, competing with China-backed AIIB and NDB in providing such funds.</li><li>Asia gains from the power-play in light of its much needed infrastructure upgrade. But until weaknesses in governance are tackled, the vast funds on offer will have little impact.</li></ul>

Japan is offering USD110bn for Asia&rsquo;s infrastructure needs, competing with China-backed AIIB and NDB in providing such funds.Asia gains from the power-play in light of its much needed infrastructure upgrade. But until weaknesses in governance are tackled, the vast funds on offer will have little impact.

Derivatives and Quantitative Strategist

Gaudenz Schneider

Equity Bottom-Up

<ul>
<li>
Context: This Insight follows up on previously highlighted relative value opportunities, using a statistical methodology based on mean-reversion to identify opportunities in paired securities.</li>
<li>
Highlights: Currently eleven pair trade opportunities persist across five markets and five sectors.</li>
<li>
Why read: Statistical analysis offers a unique perspective on relative value. Gain insights into actionable statistical pair trade opportunities and monitor performance of previously highlighted pairs.</li>
</ul>



Context: This Insight follows up on previously highlighted relative value opportunities, using a statistical methodology based on mean-reversion to identify opportunities in paired securities.

Highlights: Currently eleven pair trade opportunities persist across five markets and five sectors.

Why read: Statistical analysis offers a unique perspective on relative value. Gain insights into actionable statistical pair trade opportunities and monitor performance of previously highlighted pairs.


Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (23 Mar 2026)

<ul>
<li>
Context: This Insight follows up on previously highlighted relative value opportunities, using a statistical methodology based on mean-reversion to identify opportunities in paired securities.</li>
<li>
Highlights: Currently twelve pair trade opportunities persist across three markets and six sectors.</li>
<li>
Why read: Statistical analysis offers a unique perspective on relative value. Gain insights into actionable statistical pair trade opportunities and monitor performance of previously highlighted pairs.</li>
</ul>



Context: This Insight follows up on previously highlighted relative value opportunities, using a statistical methodology based on mean-reversion to identify opportunities in paired securities.

Highlights: Currently twelve pair trade opportunities persist across three markets and six sectors.

Why read: Statistical analysis offers a unique perspective on relative value. Gain insights into actionable statistical pair trade opportunities and monitor performance of previously highlighted pairs.


Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (16 Mar 2026)

<ul>
<li>
Context: The <a href="https://www.smartkarma.com/entities/toyota-motor-corp" target="_blank" data-smartkarma-citation="entities:73:1" rel="noopener">Toyota Motor (7203 JP)</a> vs. <a href="https://www.smartkarma.com/entities/suzuki-motor-corp" target="_blank" data-smartkarma-citation="entities:732:1" rel="noopener">Suzuki Motor (7269 JP)</a> price ratio has deviated more than two standard deviations from its one-year average, presenting a potential relative value opportunity.</li>
<li>
Highlights: Going long <a href="https://www.smartkarma.com/entities/suzuki-motor-corp" target="_blank" data-smartkarma-citation="entities:732:1" rel="noopener">Suzuki Motor (7269 JP)</a> and short <a href="https://www.smartkarma.com/entities/toyota-motor-corp" target="_blank" data-smartkarma-citation="entities:73:1" rel="noopener">Toyota Motor (7203 JP)</a> targets a 6% return.</li>
<li>
WhyRead: Essential for quantitative traders seeking mean-reversion opportunities, with detailed execution framework, risk management protocols, and historical simulation showing the statistical basis for this relative value play.</li>
</ul>



Context: The Toyota Motor (7203 JP) vs. Suzuki Motor (7269 JP) price ratio has deviated more than two standard deviations from its one-year average, presenting a potential relative value opportunity.

Highlights: Going long Suzuki Motor (7269 JP) and short Toyota Motor (7203 JP) targets a 6% return.

WhyRead: Essential for quantitative traders seeking mean-reversion opportunities, with detailed execution framework, risk management protocols, and historical simulation showing the statistical basis for this relative value play.


Suzuki (7269 JP) Vs Toyota (7203 JP): Auto Pair Trade Revves Up Again

Japan

TOPIX ETF is an Exchange-traded fund which holds a portfolio representing all stocks in the Tokyo Price Index (TOPIX).  The objective of the trust is to provide investment results that corresponds to the price and yield performance of the component securities of the Tokyo Price Index.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Nomura ETF Topix (1306 JP)

Japan's changes could mean ASEAN upside

Japan's economy appears to be turning the corner, as cyclical conditions improve and structural changes show progress. An important structural...

Jason Tan

'Infrastructure wars'

Japan is offering USD110bn for Asia’s infrastructure needs, competing with China-backed AIIB and NDB in providing such funds. Asia gains from the...

Manu Bhaskaran

Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (23 Mar 2026)

Discover eleven pair trade opportunities across five markets and five sectors using statistical mean-reversion methodology for actionable insights.

Gaudenz Schneider

Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (16 Mar 2026)

Discover twelve pair trade opportunities across three markets and six sectors using statistical mean-reversion methodology for actionable insights.

Gaudenz Schneider

Suzuki (7269 JP) Vs Toyota (7203 JP): Auto Pair Trade Revves Up Again

Targeting a 6% return as the auto spread diverges again in a pair trade with a proven track record. Essential for quantitative traders seeking mean...

Gaudenz Schneider

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Japan's changes could mean ASEAN upside

Japan's economy appears to be turning the corner, as cyclical conditions improve and structural changes show progress. An important structural...

Jason Tan

'Infrastructure wars'

Japan is offering USD110bn for Asia’s infrastructure needs, competing with China-backed AIIB and NDB in providing such funds. Asia gains from the...

Manu Bhaskaran

Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (23 Mar 2026)

​Discover eleven pair trade opportunities across five markets and five sectors using statistical mean-reversion methodology for actionable insights.

Gaudenz Schneider

Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (16 Mar 2026)

​Discover twelve pair trade opportunities across three markets and six sectors using statistical mean-reversion methodology for actionable insights.

Gaudenz Schneider

Suzuki (7269 JP) Vs Toyota (7203 JP): Auto Pair Trade Revves Up Again

Targeting a 6% return as the auto spread diverges again in a pair trade with a proven track record. Essential for quantitative traders seeking mean...

Gaudenz Schneider

Discover eleven pair trade opportunities across five markets and five sectors using statistical mean-reversion methodology for actionable insights.

Discover twelve pair trade opportunities across three markets and six sectors using statistical mean-reversion methodology for actionable insights.