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The truth about Asian investment banking

January 2005

Patrick Johns

by Julie Dalla-Costa

Head of UK institutional business, F&C Asset Management


After 13 years in the British army, Patrick Johns decided to try his hand at asset management in 1984. ?I had been medically downgraded in the army so I though that I had two choices. I was either going to sit behind a desk at the Ministry of Defence for the rest of my life or I could go and sit behind a desk somewhere else and maybe make a better fist of it,? he says.

His first asset management position was at Fleming Asset Management. In the mid-1980s Johns was based in Tokyo at Jardine Fleming. ?This was a fantastic time to be in Tokyo, with the stock market getting away with itself,? he says.

After a decade with the firm, he joined Prudential Portfolio Managers in 1995. ?[Prudential] was looking to build its third-party business,? he says. ?I had responsibility for business acquisition and client management.?

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