Blog: PRINCIPAL FINANCIAL GROUP INC : Regulation FD Disclosure (form 8-K) –

Item 7.01 Regulation FD Disclosure

This report is filed quarterly to disclose assets under management (“AUM”) by
asset manager, prior to the availability of Principal Financial Group, Inc’s
(the “Company”) quarterly earnings release. The amounts presented herein will be
consistent with the format of AUM by asset manager and presented again in such
format within the Company’s financial supplement for the quarter ended June 30,
2022 when that document is posted to the Company’s investor relations web site
on or about August 8, 2022.

As of June 30, 2022, the assets under management by asset manager were $469.8
billion for Principal Global Investors and $161.9 billion for Other Entities of
Principal Financial Group. Other Entities of Principal Financial Group includes
Principal International, Principal Bank, assets managed by segments of the
insurance company and sub-advised assets within the RIS segment.

  · Effective 2Q22, a net $19.9 billion of PGI Managed AUM was transferred to
    third parties per the transaction to reinsure our in-force U.S. retail fixed
    annuity and universal life insurance with secondary guarantee blocks of

Note: Principal Global Investors delivers products and services through our
network of focused investment teams. During times of market dislocations and a
wider dispersion of returns, it is important to note our exposure to small and
mid-cap products in US equity AUM and high yield and preferred securities
exposure in fixed income AUM. Other Entities of Principal Financial Group
includes AUM associated with Principal International where AUM is translated to
U.S. dollar equivalents using end of reporting period spot foreign exchange

© Edgar Online, source Glimpses

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s