DES MOINES, Iowa--(BUSINESS WIRE)--The Principal Financial Group®, a global investment management leader, earned the top spot in its category in Pensions & Investments’ fourth annual survey of the Best Places to Work in Money Management.
"It’s truly an honor to again be named Best Place to Work in Money Management. It speaks to our culture and our ongoing commitment to creating a workplace where employees can excel," said Dan Houston, President and CEO of The Principal®. "This environment enables us to attract and retain top talent, which ultimately translates into success with clients and strong financial performance."
The rankings appeared in the Dec. 14 issue of Pensions & Investments, a leading source of news, research and analysis for executives in the institutional investment market.
“Our employees are our greatest asset, so it’s rewarding to know their feedback has been essential to achieving this honor for the fourth year in a row,” said Jim McCaughan, Chief Executive of Principal Global Investors. “We are committed to a diverse team, development opportunities for our employees, and candid two-way communication. These are important elements in making Principal a great place to work.”
Pensions & Investments scored firms based on the results of two different surveys. The first was a brief survey completed by each firm that outlined benefits, pay and hiring practices. Employees completed the second survey, which included questions related to culture, compensation, career development and engagement.
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About Principal Global Investors
Principal Global Investors is a diversified asset management organization and a member of the Principal Financial Group®, with expertise in equities, fixed income and real estate investments, as well as specialized overlay and advisory services. Principal Global Investors manages $341 billion in assets1 primarily for retirement plans and other institutional clients2.
About the Principal Financial Group
The Principal Financial Group® (The Principal®)3 is a global investment management leader offering retirement services, insurance solutions and asset management. The Principal offers businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and insurance through its diverse family of financial services companies. Founded in 1879 and a member of the FORTUNE 500®, the Principal Financial Group has $516.2 billion in assets under management4 and serves some 20.6 million customers worldwide from offices in Asia, Australia, Europe, Latin America and the United States. Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG. For more information, visit www.principal.com.
1 As of Sept. 30, 2015.
2 Principal Global Investors is the asset management arm of the Principal Financial Group ® (The Principal ®) and includes the asset management operations of the following subsidiaries of The Principal: Principal Global Investors, LLC; Principal Real Estate Investors, LLC; Principal Enterprise Capital, LLC; Liongate Capital Management LLP; Spectrum Asset Management, Inc.; Post Advisory Group, LLC; Columbus Circle Investors; Edge Asset Management, Inc.; Morley Financial Services Inc.; Finisterre Capital, LLP; Origin Asset Management, LLP; Principal Global Investors (Europe) Limited; Principal Global Investors (Singapore) Ltd.; Principal Global Investors (Australia) Ltd.; Principal Global Investors (Japan) Ltd.; Principal Global Investors (Hong Kong) Ltd.; CIMB-Principal Islamic Asset Management Sdn. Bhd.; and the majority owned affiliates of Principal International, Inc. Assets under management includes assets managed by investment professionals of Principal Global Investors under dual employee arrangements with other subsidiaries of The Principal and assets managed in accordance with investment advice provided by Principal Global Investors through the delivery of a model.
3 “The Principal Financial Group” and “The Principal” are registered service marks of Principal Financial Services, Inc., a member of the Principal Financial Group.
4 As of Sept. 30, 2015.