The Principal Again Wins Best Place to Work in Money Management
Firm earns top ranking in Pensions & Investments survey for second consecutive year
December 9, 2013 (Des Moines, Iowa) — Principal Financial Group®, a global investment management leader, again earned the top spot in its category in Pensions & Investments' annual survey of the Best Places to Work in Money Management. The survey, now in its second year, ranks firms based on their responses to employer and employee questionnaires.
"We were honored to be recognized last year as the Best Place to Work in Money Management, and to now win it two years in a row is truly humbling," said Larry Zimpleman, chairman, president and CEO of The Principal®. "Becoming a recognized leader in global investment management was an aspirational goal when we formed Principal Global Investors in the late '90s and now it's a reality. We have our employees to thank for that, and this recognition is very motivating for them."
The rankings appeared in the Dec. 9 issue of Pensions & Investments, a leading source of news, research and analysis for executives in the institutional investment market.
"This recognition is especially significant because it surveys our employees themselves, asking direct questions about what it's like to work here," said Jim McCaughan, president of global asset management at The Principal. "It's a meaningful measure of satisfaction and commitment, and we value the dedication our employees apply to their 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. The publication chooses one winning company in four separate categories based on the number of employees surveyed.
For more news and insights from The Principal, connect with us on Twitter at http://twitter.com/ThePrincipal.
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 $300 billion in assets primarily for retirement plans and other institutional clients.
About the Principal Financial Group
The Principal Financial Group® (The Principal®) 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 $466.2 billion in assets under management and serves some 19.0 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.
- As of September 30, 2013
- 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; 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.
- "The Principal Financial Group" and "The Principal" are registered service marks of Principal Financial Services, Inc., a member of the Principal Financial Group.
- As of September 30, 2013