Pru AGM: Investors vent fury over Asia deal

Laura Miller
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Prudential's top executives are in the firing line at the company's AGM today as they face down shareholders angry over the insurer's failed bid for Asian insurer AIA.

Finance director Nic Nicandrou survived the shareholder vote, with the provisional result showing 97.75% in favour, and 2.2% against promoting him to the board. Elsewhere, here are IFAonline's pick of the best quotes from the heated meeting in London, courtesy of the Guardian. "The future is Asia. It's a shame your institutional shareholders don't have the same breadth of vision." Private shareholder Malcolm Ferguson says he fully supported the takeover, the first investor to come out in support of the board at the meeting.   "The strategy is to accelerate growth in Asia, ...

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