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 Index] Nikkei 225 Sep26 Rebal Preview Update - 2 Auto ADDs, 1 Extra, 1 Cap, NEW DELs

Quiddity Leaderboard CSI 300/​​500 Jun26: US$7.8bn Combined One-Way Flows

Quiddity Leaderboard STAR 50/100 Jun26: Discretionary Powers and Borderline Eligibility Issues

[Quiddity Index] Nikkei 225 Mar26 Rebal - 2 ADDs (3rd Poss?), 2 DELs, 1 CAP

[Quiddity Index] Nikkei 225 Mar26 Rebal - 2 ADDs (3rd Poss?), 2 DELs (One New), 1 CAP, Another Close

[Quiddity Index] Nikkei 225 Mar26 - Kioxia (285A) On the Menu, Others Not Far Behind

Quiddity Advisors

Index Rebalance

<ul>
<li>Yesterday, the Nikkei Index Committee announced the results of the March 2026 review of the Nikkei 225 Average. We got the two ADDs right, but not the two DELETEs.</li>
<li>The choice of the DELETEs appear to have solidified a practice which informs going forward. Expect more Tech deletions.</li>
<li>Kioxia (285A) IN, Pan Pacific International HD (7532) IN. GS Yuasa (6674) and Casio (6952) OUT. Advantest capped. US$1.2bn Reverse Funding. And crowded end-March flows.</li>
</ul>


Yesterday, the Nikkei Index Committee announced the results of the March 2026 review of the Nikkei 225 Average. We got the two ADDs right, but not the two DELETEs.
The choice of the DELETEs appear to have solidified a practice which informs going forward. Expect more Tech deletions.
Kioxia (285A) IN, Pan Pacific International HD (7532) IN. GS Yuasa (6674) and Casio (6952) OUT. Advantest capped. US$1.2bn Reverse Funding. And crowded end-March flows.


Pan Pacific International Holdings (7532 JP)

[Quiddity Index] Nikkei 225 Mar-2026 Rebal: Kioxia, PPIH IN, Casio GS Yuasa OUT. Big End-Mar Flows.

Casio Computer

[Quiddity Index] Nikkei 225 Mar-2026 Rebal: Kioxia, PPIH IN, Casio GS Yuasa OUT. Big End-Mar Flows.