Principal Financial (PFG) has released an update to notify the public and investors about a regulation fd disclosure.
The quarterly report reveals Principal Financial Group’s assets under management (AUM) as $694.5 billion as of December 31, 2023, which will be detailed in the upcoming financial supplement. The AUM includes $499.5 billion managed by Principal Global Investors, with a focus on small and mid-cap U.S. equity and high yield fixed income products, and $180.4 billion from Principal International, converted to USD at period-end rates. The report also defines the Principal Asset Management AUM, which stands at $540.4 billion, excluding minority-owned entity assets and those not permissible by regulation.
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