The investment style is opportunistic and exploits pockets of market inefficiencies. It does not rely on one particular part of an economic cycle or “hot” sector, but instead four specific investment strategies; pure arbitrage, tender arbitrage, relative value and merger arbitrage, which complement each other in order to provide an overall low volatility risk adjusted return.
The investment process is a rigorous five step procedure which ensures the capture, isolation, risk management and exploitation of all events which fall into the investment mandate. Combined with sophisticated fund management the manager is able to produce attractive risk adjusted returns throughout every part of the economic cycle.
The fund is managed by Burren Capital Advisor’s high calibre entrepreneurial team, operating off a solid and scalable infrastructure with robust risk management. Burren Capital Advisors has been managed the same strategy within its core fund since mid-2010 with high quality low volatility returns and no correlation to the broader market indices.
The Burren Global Arbitrage UCITS Fund will be managed in line with the core fund but with higher gross book exposure and with compliance of the UCITS requirements.
Obtained a European Baccalaureate in 1995 from the Europ... See all
Obtained a European Baccalaureate in 1995 from the European School in Oxfordshire, England and then graduated in 1998 with a Bachelor of Commerce, Banking & Finance (Hons) from University College Dublin, Ireland. After working for Morgan Stanley (1998-2001) as an associate in the Equity Structured Products Group, Andrew moved to Cater Allen International Limited as Head of Equity Relative Value Proprietary Trading (2001-2003). Andrew then moved to Lehman Brothers International Europe where he co-founded the Special Situations portfolio within Lehman Equity Strategies. After nearly 3 years at Lehman Brothers (2003-2006), he moved to BNP Paribas and assumed the role of European Head of Special Situations & Risk Arbitrage Proprietary Trading. In 2009 Andrew founded Burren Capital Advisors Limited.
Targeting absolute returns through the cycle with a focus on capital preservation in adverse market conditions.
Demonstrable low volatility return profile with low correlation to equity markets and event driven index.
Global mandate, focus on liquid global equity situations following a rigorous investment risk management process.
Waystone Investment Management (IE) Limited, 23 St. Stephen's Green, Dublin 2, D02 AR55, Ireland is licensed to provide Investment Management services to Professional Clients (including Collective Investment Schemes) by the Central Bank of Ireland.
MontLake UCITS Platform ICAV is an umbrella open-ended Irish collective asset-management vehicle with segregated liability between Funds formed in Ireland under the Irish Collective Asset-management Vehicles Act 2015 and authorised by the Central Bank as a UCITS pursuant to the UCITS Regulations.
The Manager of MontLake UCITS Platform ICAV is Waystone Fund Management (IE) Limited, a company regulated by the Central Bank of Ireland.
This website is directed mainly for professional and institutional clients who possess the necessary experience, knowledge and expertise to make their own investment decisions and properly assess the risk that it incurs.
Information on this website was obtained from various sources and the company does not guarantee its accuracy. The information is for your private use and discussion purposes only and expressed views and opinions may change.
The Performance figures quoted refer to the past and past performance is not a guarantee of future performance or a reliable guide to future performance. The value of your investment and their income may go down as well as up.
Your investment may also be subject to currency, interest rate, as well as market fluctuations. Consequently the Investor may not get back a sum equal to that he / she originally invested.
Investors should note that an investment in those Sub-Funds which may invest in emerging markets should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.
The Sub-Funds may invest in Over the Counter as well as Exchange Traded derivative instruments to enhance return or hedge against fluctuations in security prices or market rates as well as to short sell a security through the use of a derivative instrument. Transactions in derivative instruments involve a risk of loss or depreciation of capital due to adverse changes in security prices, exchange rates or interest rates or in the case of OTC instruments default of Counterparty. This investment may not be suitable for all types of investors. It is therefore recommended that you consult your investment advisor.
A commission or sales fee may be charged at the time of the initial purchase for an investment and may be deducted from the invested amount therefore lowering the size of your investment. The Investment Manager will be entitled to receive a performance fee as well as a management fee, calculated on a daily basis and paid quarterly by the sub-funds.
The Levels and bases of taxation are dependent on individual circumstances and subject to change and therefore it is highly recommended that you consult a professional tax advisor.