Principal® Launches International Equity ETF
Principal Asset Management has launched the International Equity ETF (PIEQ), a large-cap portfolio managed by their equities team which currently oversees $154.8 billion in AUM. The launch comes amid record-breaking demand for active ETFs, which reached $349 billion in 2023, with advisor allocations expected to increase by 45% over the next two years. This addition brings Principal's ETF offerings to 10, collectively managing approximately $4.7 billion in assets. The fund will leverage the Principal equities team's two decades of experience in managing non-U.S. equity strategies.
Principal Asset Management ha lanciato il International Equity ETF (PIEQ), un portafoglio di grande capitalizzazione gestito dal loro team azionario che attualmente supervisiona $154,8 miliardi in AUM. Il lancio avviene in un contesto di domanda record per gli ETF attivi, che ha raggiunto $349 miliardi nel 2023, con le allocazioni da parte degli advisor che si prevede aumenteranno del 45% nei prossimi due anni. Questa aggiunta porta l'offerta di ETF di Principal a 10, gestendo collettivamente circa $4,7 miliardi in attivi. Il fondo sfrutterà i vent'anni di esperienza del team azionario di Principal nella gestione di strategie azionarie non statunitensi.
Principal Asset Management ha lanzado el International Equity ETF (PIEQ), un portafolio de gran capitalización gestionado por su equipo de acciones que actualmente supervisa $154.8 mil millones en AUM. El lanzamiento se produce en medio de una demanda récord por los ETF activos, que alcanzó $349 mil millones en 2023, con las asignaciones de asesores que se espera aumenten en un 45% en los próximos dos años. Esta adición eleva la oferta de ETF de Principal a 10, administrando colectivamente aproximadamente $4.7 mil millones en activos. El fondo aprovechará los veinte años de experiencia del equipo de acciones de Principal en la gestión de estrategias de acciones no estadounidenses.
프린시펄 자산 관리는 국제 주식 ETF(PIEQ)를 출시했습니다. 이 대형주 포트폴리오는 현재 1,548억 달러의 AUM을 관리하는 자산 팀이 운영하고 있습니다. 이번 출시는 2023년 3,490억 달러에 이르는 액티브 ETF에 대한 수요가 기록적인 가운데 이루어졌으며, 향후 2년 동안 자문 Allocations이 45% 증가할 것으로 예상됩니다. 이 추가로 인해 프린시펄의 ETF 제공이 10개로 늘어나며, 총 약 47억 달러의 자산을 관리하게 됩니다. 이 펀드는 프린시펄 주식 팀의 비 미국 주식 전략 관리에 대한 20년의 경험을 활용할 것입니다.
Principal Asset Management a lancé le Fonds négocié en bourse international (PIEQ), un portefeuille de grandes capitalisations géré par leur équipe d'actions qui supervise actuellement 154,8 milliards de dollars d'AUM. Le lancement intervient dans un contexte de demande record pour les ETF actifs, qui ont atteint 349 milliards de dollars en 2023, avec des allocations conseillées devant augmenter de 45 % au cours des deux prochaines années. Cet ajout porte l'offre d'ETF de Principal à 10, gérant collectivement environ 4,7 milliards de dollars d'actifs. Le fonds tirera parti des vingt ans d'expérience de l'équipe d'actions de Principal dans la gestion de stratégies de actions hors des États-Unis.
Principal Asset Management hat den International Equity ETF (PIEQ) gestartet, ein Large-Cap-Portfolio, das von ihrem Aktien-Team verwaltet wird, welches derzeit $154,8 Milliarden in AUM betreut. Der Start erfolgt angesichts einer rekordverdächtigen Nachfrage nach aktiven ETFs, die 2023 $349 Milliarden erreichte, wobei die Zuweisungen von Beratern in den nächsten zwei Jahren voraussichtlich um 45% steigen werden. Diese Ergänzung bringt die ETF-Angebote von Principal auf 10, die gemeinsam etwa $4,7 Milliarden in Vermögenswerten verwalten. Der Fonds wird auf die zwanzigjährige Erfahrung des Principal-Aktienteams in der Verwaltung von Nicht-US-Aktionsstrategien zurückgreifen.
- Assets under management of $154.8 billion in active fundamental equities
- Expansion of ETF portfolio to 10 funds with $4.7 billion in total AUM
- Launch aligns with growing market demand for active ETFs
- None.
Insights
The launch of Principal's International Equity ETF (PIEQ) represents a strategic move in the rapidly growing active ETF market. With
The ETF expands Principal's product suite to 10 ETFs with combined AUM of
New offering expands flagship capabilities to meet client demand in the market
Demand for active ETFs was the strongest ever in 2023, reaching an all-time high of
“This new offering continues the buildout of our active ETF lineup, which leverages our strong capabilities and provides investors an efficient vehicle for investing in international markets,” said George Maris, CIO and global head of equities, Principal Asset Management. “As the active ETF market expands, we remain committed to developing solutions offering value, flexibility, and expert insights to meet the evolving needs of our clients seeking diversified global exposure.”
The Principal equities team, led by George Maris, has over two decades of experience managing non-
With the addition of the International Equity ETF, Principal offers 10 ETFs designed to enhance investor returns, mitigate risk, and improve portfolio diversification. Combined, they represent approximately
1 Active fundamental equities as of September 30, 2024
2 Broadridge 2024 Global Market Research Overview
3 Broadridge Spring 2024 Global Market Research Overview
4 As of October 31, 2024
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All figures shown in this document are in
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With public and private market capabilities across all asset classes, Principal Asset Management and its investment specialists look at asset management through a different lens, creating solutions to help deliver client investment objectives. By applying local insights with global perspectives, Principal Asset Management identifies distinct and compelling investment opportunities for more than 1,100 institutional clients in over 80 markets.1 Principal Asset Management is the global investment solutions business for Principal Financial Group® (Nasdaq: PFG), managing
[1] As of September 30, 2024
[2] Pensions & Investments, “The Best Places to Work in Money Management”, among companies with 1,000 or more employees, December 12, 2023.
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Media Contact:
Ashley Miller
miller.ashley@principal.com
515-878-6295
Source: Principal Financial
FAQ
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