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The objections aired by ISS, the proxy voting service used by many US fund managers, and the Institute of Directors are significant.
Put yourself in the position of a US fund manager thinking of investing in Facebook at IPO stage.
Even after the disposal, the US fund manager remains by far the recovering retailer's biggest shareholder with a13.3 per cent stake.
Given the size of the company and its weight in various indices, not owning the shares suddenly became a career risk for the average US fund manager.
TPG-Axon, a US fund that owns 3.5% of Akzo, indicated last night that it was far from happy with the planned acquisition.
Fidelity, the US fund management group, has reduced its influence over the fate of Abbey National after scaling back its stake in the high street bank.
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like the Vanguard FTSE All-World ex-US fund, or the Vanguard Europe Pacific fund.
Meet with us - fund us - help us scale - help us replicate successes.
"Show me an example of us fund-raising," he said in a recent interview.
But by the end of 2003, US fund-raising was at its fastest quarterly pace since 2001.
Under his chairmanship, the US Fund saw a significant increase in funding and undertook a transition in personnel and mission.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com