In today’s briefing:
- Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (24 Aug 2026)
- Asia-Pac Weekly Wrap: Kakaku.com, Reliance Worldwide, Ausgold, EQT, Baudroie, Refine, Steadfast
- Few Shareholder Proposals Have Passed, but the Chances of Them Passing Are Gradually Increasing
Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (24 Aug 2026)
- 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 seven pair trade opportunities persist across three 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.
Asia-Pac Weekly Wrap: Kakaku.com, Reliance Worldwide, Ausgold, EQT, Baudroie, Refine, Steadfast
- I tally 39 – mostly firm, mostly Asia-Pac – arb transactions currently being discussed and analysed on Smartkarma. Those arbs metrics and upcoming events are detailed below.
- Five new deals were was discussed on Smartkarma this week: Reliance Worldwide Corp (RWC AU), Ausgold Ltd (AUC AU), EQT Holdings (EQT AU), Refine (377450 KS), and Baudroie (4413 JP).
- Key updates/news also took place on: Kakaku.com Inc (2371 JP), Steadfast (SDF AU), FleetPartners Group (FPR AU), Public Financial (626 HK), and European Lithium (EUR AU).
Few Shareholder Proposals Have Passed, but the Chances of Them Passing Are Gradually Increasing
- While the number of shareholder proposals passed at the June AGMs remained at the usual level of two, those receiving over 40% approval increased from four in 2025 to 11.
- The shareholding of foreigners, based on votes, has risen to 28.3%, and while the influence of overseas investors is growing, they still need support of domestic investors to secure majority.
- Even if not approved, the company should respect shareholder proposals that receive high approval rate as the shareholders views, and it’s important to maintain a sense of accountability toward shareholders.
💡 Before it’s here, it’s on Smartkarma
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