Principal Asset Management Archives

Principal AM: Investors should consider global diversification

The asset manager is less constructive on US equities compared with most of its peers.

Strable takes over from Dan Houston who will continue as executive chair.

The investment firm with $579bn in assets under management is also overweight Japanese equities and gold.

The benefits from a rate cut may be marginal given the region’s increasingly fragile political situation.

Principal Malaysia has announced the launch of two Shariah-compliant funds.

Part of the Mark Allen Group.