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 Leaderboard CSI Medical Dec26: Expected ADDs Are Underperforming Expected DELs

[Quiddity Index] JPX Nikkei 400 Rebal 2026: 45 ADDs, 39 DELs, US$15bn to Trade

[Quiddity Index] The TOPIX Change in Oct26 - Part III (INs Vs OUTs - Borderlines Are Trading Opps)

[Quiddity Index] The TOPIX Change in Oct 2026 - Part I (Methodology Madness)

Tomony Holdings (8600 JP) - Regional Bank NEW SHARE Issue - Not What You Want To See, But Buy Anyway

Japan 2024 H1 Bank Guidance/Results - Better and Better

[Japan Activism/Value] - Mitsui Matsushima (1518) Raises; Low PER, High ROE/Growth (Still), Now Div!

[Japan Activism/Value] - Mitsui Matsushima (1518) Beats; Single Digit PER, Double Digit ROE & Growth

Quiddity Advisors

Index Rebalance

<ul>
<li>Yesterday, I published <a href="https://www.smartkarma.com/insights/quiddity-index-the-topix-change-in-oct-2026-part-i-methodology-madness" target="_blank" data-smartkarma-citation="insights:247905" rel="noopener">[Quiddity Index] The TOPIX Change in Oct 2026 - Part I (Methodology Madness)</a> about the TOPIX Methodology Change in October 2026.</li>
<li>TOPIX matters because it is the Japan index with BY FAR the largest amount of passive tracking AUM. Change matters because, well, it does. There will be $80bn+ of flows.</li>
<li>Part II discusses one particular trade which is a kind of a loophole. It has moved already so it is worth watching; it may still be good. It may not.</li>
</ul>


Yesterday, I published [Quiddity Index] The TOPIX Change in Oct 2026 - Part I (Methodology Madness) about the TOPIX Methodology Change in October 2026.
TOPIX matters because it is the Japan index with BY FAR the largest amount of passive tracking AUM. Change matters because, well, it does. There will be $80bn+ of flows.
Part II discusses one particular trade which is a kind of a loophole. It has moved already so it is worth watching; it may still be good. It may not.


[Quiddity Index] The TOPIX Change in Oct 2026 - Part II (Regional Bank LFR Baskets)