Principal Named a Best Place to Work in Money Management by Pensions & Investments for Ninth Year
Principal Financial Group announced that its global asset management division, Principal Global Investors, has been recognized as a Best Place to Work in Money Management by Pensions & Investments for the ninth consecutive year, ranking fifth among companies with over 1,000 employees. This recognition is particularly significant amidst the challenges posed by the global pandemic. Principal Global Investors manages approximately $507.3 billion in assets for over 800 institutional clients across more than 80 markets.
- Ranked 5th in Pensions & Investments' Best Places to Work in Money Management.
- Recognition for nine consecutive years highlights workplace culture and employee satisfaction.
- Manages approximately $507.3 billion in assets, indicating strong market position.
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Principal Financial Group® announced today that its global asset management arm, Principal Global Investors®, is ranked a Best Place to Work in Money Management by Pensions & Investments for the ninth consecutive year. Principal earned the No. 5 spot in the category of 1,000-plus employees for 2020.
“This may be the most significant year to earn recognition as a top workplace in money management given the unprecedented challenges everyone has faced through this global pandemic,” said Pat Halter, president for Principal Global Asset Management and CEO for Principal Global Investors. “This year’s award, along with recognition the last eight years, is a testament to our employees, leadership team, and the culture we collectively work to create in order to help deliver results for our clients.”
Principal Global Investors is the 27th largest manager of institutional assets1 in the world with approximately
Pensions & Investments partnered with Best Companies Group, a research firm specializing in identifying great places to work, to conduct a two-part survey process of employers and their employees.
The first part consisted of evaluating each nominated company's workplace policies, practices, philosophy, systems, and demographics. This part of the process was worth approximately
For a complete list of the 2020 Pensions & Investments’ Best Places to Work in Money Management winners and write-ups, go to www.pionline.com/BPTW2020.
About Principal®
Principal helps people and companies around the world build, protect and advance their financial well-being through retirement, insurance and asset management solutions that fit their lives. Our employees are passionate about helping clients of all income and portfolio sizes achieve their goals – offering innovative ideas, investment expertise and real-life solutions to make financial progress possible. To find out more, visit us at principal.com.
About Principal Global Investors®
Principal Global Investors® leads global asset management at Principal®. As a multi-investment team firm, we bring a focused perspective and offer expertise across a host of asset classes.
At our core, we are driven by our purpose to help investors and businesses achieve their financial goals. Our global investment professionals deliver investment solutions for public and private pension funds, foundations and endowments, central banks, insurance companies, sub-advisory arrangements, sovereign wealth funds and individual portfolios.
Principal Global Investors manages approximately
Principal, Principal and symbol design and Principal Financial Group are trademarks and service marks of Principal Financial Services, Inc., a member of the Principal Financial Group.
1 “Largest Money Managers,” Pensions & Investments (June 2020). 27th out of 527 managers profiled. Assets as of Dec. 31, 2019.
2 As of October 30, 2020
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