Paul Kirkby, the well-known Japan manager at GAM, has resigned but will stay with the group until th...
Paul Kirkby, the well-known Japan manager at GAM, has resigned but will stay with the group until the end of the year, writes Robert Stock in Investment Week.
Kirkby, based at GAM's London office, was the first fund manager to run an Oeic with the launch of the onshore Japan Growth Fund in 1997. He also runs two offshore portfolios for the group and a hedge fund. His track record in long/short investing means he is being linked with a possible return as a hedge fund manager.
He will be replaced as manager on the funds by GAM's head of Pacific region team Mike Bunker, who first hired Kirkby 13 years ago. GAM is also to add a new fund manager to the team on 1 June to assist Bunker.
This is Lesley Lathe, who has been recruited from ING Barings. Lathe has 13 years sell side experience, paralleling Kirby's recruitment from the sell side over a decade ago.
Christopher Cottrell, managing director of clients at GAM, said: "The position is that Paul will be leaving us towards the end of the year. He hasn't made up his mind yet about what he is going to do next and no doubt over the next few months he will decide. In the meantime he is continuing to run his funds and it is business as usual."
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