Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Highly experienced ex-Delta One trader with 17 years of experience trading arbitrage and related strategies across Asian markets.

Exempt Financial Adviser (EFA) under CrossASEAN Research Pte Ltd.

It is important to note that the information provided by Periscope Analytics is based on publicly available data and own knowledge, which has been gathered and synthesized from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions.

All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include, but are not limited to, company announcements, exchange filings, ETF and other passive investment vehicle holdings, and free float and volume data from third-party data providers. Periscope Analytics does not guarantee the accuracy and completeness of the forecasts, estimates and/or other information.

Pan-Asia Index Rebalances/ Events/ Delta One

MV Global Rare Earth/​​​​​Strategic Metals Index Rebalance: One Add, One Delete & Other Changes

MV Global Rare Earth/​​​​​Strategic Metals Index Rebalance: One Delete & Other Changes

MV Global Rare Earth/​​​​​Strategic Metals Index Rebalance: 3 Adds and Other Changes; US$550m Trade

Periscope Analytics

Periscope Analytics focuses on event-driven trades across Asia Pacific and provides comprehensive, timely and systematic coverage of index changes to major Asia Pacific indices in a structured manner.

The analysis includes forecasted inclusions and exclusions to all major Asian indices that have significant amount of tracking assets, including estimates of passive buy/sell flow on the stocks. The service also provides commentary and impact of market consultations, ground rule changes, and other events (IPOs, spin-offs, M&A) that could lead to index changes and passive flow.

Periscope Analytics works with multi-strategy hedge funds, proprietary trading firms, stat arb trading groups and long-only investors that invest and trade in the Asia Pacific region with the data being used to trade index rebalances, avoid pre-positioning and passive flow, and to time entry into and exit from stocks.

Event-Driven Trades Across Asia Pacific

Index Rebalance

Jiaxin International Resources Investment / Index Rebalance

Jiaxin International Resources Investment (3858 HK)

Jiaxin International Resources Investment

<ul>
<li>
<a href="https://www.smartkarma.com/entities/jiaxin-international-resources-investment-limited" target="_blank" data-smartkarma-citation="entities:45065:1" rel="noopener">Jiaxin International Resources Investment (3858 HK)</a> and <a href="https://www.smartkarma.com/entities/united-states-antimony-corp" target="_blank" data-smartkarma-citation="entities:38018:1" rel="noopener">United States Antimony (UAMY US)</a> will be added to the <a href="https://www.smartkarma.com/entities/vaneck-rare-earth-strategic-me" target="_blank" data-smartkarma-citation="entities:32320:1" rel="noopener">VanEck Rare Earth/Strategic Me (REMX US)</a> in March.</li>
<li>The constituent changes, listing switches, float changes and capping changes result in an estimated one-way turnover of 13.4% and in a round-trip trade of US$1.07bn.</li>
<li>AUM linked to the index continues to rise as both ETFs continue to take in assets. That increases the flow and impact on the index constituents.</li>
</ul>



Jiaxin International Resources Investment (3858 HK) and United States Antimony (UAMY US) will be added to the VanEck Rare Earth/Strategic Me (REMX US) in March.
The constituent changes, listing switches, float changes and capping changes result in an estimated one-way turnover of 13.4% and in a round-trip trade of US$1.07bn.
AUM linked to the index continues to rise as both ETFs continue to take in assets. That increases the flow and impact on the index constituents.


Jinduicheng Molybdenum Co, Ltd. (601958 CH)

MV Global Rare Earth/​​​​​Strategic Metals Index Rebalance: 2 Adds & Other Changes; US$1.1bn Trade

Jiaxin International Resources Investment

MV Global Rare Earth/​​​​​Strategic Metals Index Rebalance: 2 Adds & Other Changes; US$1.1bn Trade

MV Global Rare Earth/Strategic Metals Index Rebalance: 2 Adds & Other Changes; US$1.1bn Trade