Principal Financial Group 2015 Annual Report Download - page 22

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RECOGNITION AND ACCOMPLISHMENTS
• Principal earned the top spot in its category for
the fourth year in a row in Pension & Investments’
annual survey of Best Places to Work in Money Man-
agement.* (December 2015)
• Principal Real Estate Investors is a Top 10 manager
of real estate. Managers ranked by U.S. institutional,
tax-exempt assets managed internally (net of lever-
age). “The Largest Real Estate Managers,” Pensions
& Investments, data as of Dec. 31, 2014. (May 2015)
• Principal Funds named the No. 6 fund company
in the U.S. by Barron’s magazine in 2015.
(February 2016)
• Principal Funds is No. 15 on the list of top advisor-
sold mutual fund companies in the United States,
based on assets under management, according to
Strategic Insights. (December 2015)
• Principal Global Investors named the 15th largest
manager of high yield securities, out of 90 managers
profiled. Managers ranked by U.S. institutional,
tax-exempt assets managed internally, as of Dec. 31,
2014. “Largest Money Managers,” Pensions &
Investment, Online Research Center. (May 2015)
• Principal Global Investors named the 31st largest
manager of institutional assets, out of 652 manag-
ers profiled. Managers ranked by total worldwide
institutional assets as of Dec. 31, 2014. “Largest
Money Managers,” Pensions & Investments. (May 2015)
Principal International
SEGMENT OVERVIEW
Offer long-term savings, asset management and
retirement solutions in select Latin American and
Asian emerging markets:
• Brazil
• Chile
• China
• Hong Kong, SAR
• India
• Indonesia
• Malaysia
• Mexico
• Singapore
• Thailand
PRODUCTS AND SERVICES
• Annuities
• Asset management
• Islamic asset management
• Islamic mutual funds
• Mutual funds
• Pensions
• Retirement advisory services
JOINT VENTURE PARTNERS
• Banco do Brasil (Brazil)
• China Construction Bank (China)
• CIMB Group (Southeast Asia)
• Punjab National Bank (India)
MUTUAL FUNDASSET MANAGEMENTBOUTIQUE
• Claritas (Brazil)
2015 FINANCIAL HIGHLIGHTS
• Full-year pre-tax operating earnings of $271 million.
• Reported assets under management of $110 billion
at year end (excluding $42 billion of AUM in our joint
venture in China, which is not reported in AUM or
net cash flows).
• Reported full-year net cash flows of $9.3 billion.
• Strong investment performance with 87 percent and
83 percent of AUM ranked in the top two quartiles for
one and five-year performance, respectively.
RECOGNITION AND ACCOMPLISHMENTS
• Completed acquisition of AXA’s MPF and ORSO
business in Hong Kong, which includes exclusive
15 year distribution agreement. (September 2015)
• Brasilprev ranked No. 1 in market share and net
deposits in individual pension savings plans.
(December 2015)
20 Principal
Businesses at a glance
As of Dec. 31, 2015
*Entire contents copyrighted by Crain Communications. All rights reserved.