AXA Asia Pacific Logs Biggest FY Profit Since 2003

5:10 PM ET Tue, 16 Feb 2010

AXA Asia Pacific posted a net profit of $612.3 million as expected. But it made no immediate comment on the takeover tussle between NAB and AMP. Matthew Kidman, portfolio manager at Wilson Asset Management, offers his take on who will win AXA's hand, with CNBC's Amanda Drury & Sri Jegarajah.