Equity Analyst, Event-driven, Quiddity Advisors

Janaghan Jeyakumar, CFA

Equity Analyst with experience in fundamental and event-driven research in Frontier and Emerging markets. 

On Smartkarma, I mainly publish insights on special situations such as mergers & acquisitions, index rebalance events, equity offerings, buybacks, and other corporate restructuring events mainly in the Asia-Pacific and European equity markets.

Equity Analyst, Event-driven

Quiddity JPX-Nikkei 400 Rebal 2024: End-Jan 2024

TOPIX Inclusions: Who Is Ready (Feb 2024)

Quiddity HSTECH Mar 24 Flow Expectations: US$415mn One-Way if the Low-Conviction Change Takes Place

Quiddity Leaderboard CSI 300/​​500 Jun 24: Some Changes in Rankings; US$2.3bn One-Way

Quiddity Leaderboard T50/​​​100 Mar 24: Bizlink TDIV Deletion in the Money!

Quiddity Leaderboard ASX Mar 24: Exp ADDs Vs DELs Trade Successful; More to Come?

TOPIX Index Upweights: Final Predictions for The "The Big April Basket” 2023

Quiddity Leaderboard for Hang Seng Index Mar 24: More Room Being Created for IT Names?

Quiddity Advisors

Pan-Asia Catalysts/Events

Event-Driven

<ul>
<li>In this insight, we take a look at Quiddity's flow expectations for the March 2024 index rebal event.</li>
<li>Based on current data, I expect there to be one DEL for the TDIV index in March. I also expect the AUM assumption to change.</li>
<li>According to my calculations, these changes could collectively trigger index flows of ~US$150mn one-way resulting in some index members expected to have multiple days of volume to trade.</li>
</ul>


In this insight, we take a look at Quiddity's flow expectations for the March 2024 index rebal event.
Based on current data, I expect there to be one DEL for the TDIV index in March. I also expect the AUM assumption to change.
According to my calculations, these changes could collectively trigger index flows of ~US$150mn one-way resulting in some index members expected to have multiple days of volume to trade.


Quiddity Leaderboard TDIV Mar 24: Potential DEL and AUM Assumption Change to Trigger Index Flows

Bizlink Holding

Quiddity Leaderboard TDIV Mar 24: Potential DEL and AUM Assumption Change to Trigger Index Flows