Principal Financial Group Discloses Quarterly Assets Under Management in Recent 8-K Filing

Principal Financial Group, Inc., a leading financial services company, recently disclosed its assets under management (AUM) in a Form 8-K filing with the Securities and Exchange Commission (SEC) on January 22, 2025. This report, filed quarterly, presents the AUM by asset manager ahead of the release of the company’s quarterly earnings.

As of December 31, 2024, Principal Financial Group reported total assets under management of $712.1 billion. Within this total, $559.1 billion is managed by Principal Asset Management – Investment Management, while $124.3 billion is managed by Principal Asset Management – International Pension.

Principal Financial Group highlighted that its products and services are delivered through a network of specialized investment teams. The company emphasized the importance of its allocation to various products, including small and mid-cap equities, international investments, real estate investment trusts (REITs), as well as high yield and preferred securities in fixed income AUM.

In terms of foreign currency translation, market performance, and other items impacting the company’s net cash flow, there was an approximate (3.7)% impact in comparison to the beginning period AUM for the quarter ended December 31, 2024. Principal Financial Group also noted that non-U.S. reported AUM is converted to U.S. dollar equivalents using spot foreign exchange rates at the end of the reporting period.

Looking ahead, these figures will be presented again in Principal Financial Group’s financial supplement for the quarter ended December 31, 2024, which is expected to be published on the company’s investor relations website around February 6, 2025.

In signing off on the disclosure, Humphrey Lee, Vice President of Investor Relations at Principal Financial Group, officially submitted the report on January 22, 2025, as per the Securities Exchange Act of 1934 requirements.

This information provides investors and stakeholders with a comprehensive view of Principal Financial Group’s current assets under management and strategic investment approaches. Investors are advised to refer to official company filings and disclosures for a complete understanding of the company’s financial standing and performance metrics.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Principal Financial Group’s 8K filing here.

About Principal Financial Group

Principal Financial Group, Inc provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection segments. The Retirement and Income Solutions segment provides retirement, and related financial products and services.