Robin Geffen, the architect of Pru's AIA downfall, believes the botched deal could be a defining moment in the fight for investor justice.
Prudential plans to terminate its proposed acquisition of AIA after failing to reduce the $35.5bn cost of the deal.
Martin Currie has acquired the $140m Sofaer Capital European hedge fund along with its management team.
Indian asset management firm Kotak Mahindra has launched an India Mid-Cap fund into the UK retail market.
Annual inflation in the Organisation for Economic Co-operation and Development (OECD) area remained stable in April at 2.1%, although food and fuel prices rose.
Government bond yields have continued to dive today as ‘fear' grips global risk assets.
Threadneedle co-head of UK equities Simon Brazier examines the early moves by the coalition in tackling the deficit problem and how the UK has learnt lessons from Sweden and Canada.
Axa IM has hired former Henderson New Star manager Nick Hayes to run its £54m Sterling Strategic Bond fund.
Aegon's UK Equity fund has been upgraded to a 'AA' rating by Old Broad Street Research.
Prudential nemesis Robin Geffen says it is "inconceivable" the insurer can push on with its plan to acquire AIA after failing to lower the price of the deal.