Gam, Lesley Kaye

Manager believes domestic reflation and return to health of financial system will boost portfolio longer term

Having taken on sole management responsibility for the Gam Japan fund in April 2004, Lesley Kaye feels consistency is the key to the fund's strong performance. Having previously co-managed the portfolio with Mike Bunker, she said this consistency has been achieved in part by being successful in predicting the start of the bull market. While many managers who fared well during the bear market struggled when the tide turned, Kaye said the Gam fund was already positioned to cope with the different management style the change required. Refusing to play momentum stocks, Kaye said her invest...