About Principal Asset Management. With public and private market capabilities across all asset classes, Principal Asset Management and its specialist investment teams are focused on harnessing the potential of every opportunity to secure an advantage for its clients. The 23rd largest manager of worldwide institutional assets, Principal Asset Management applies local insights with global perspectives to identify compelling investment opportunities and deliver distinctive solutions aligned with client objectives.1 Principal Asset Management is the global investment management business for Principal Financial Group® (Nasdaq: PFG), managing $506.9 billion in assets and recognized as one of the “Best Places to Work in Money Management” for 11 consecutive years.2,3 1 Managers ranked by total worldwide institutional assets as of 31 December 2021. Pensions & Investments, “Largest Money Managers,” June 2022. 2 PFG AUM as of September 30, 2023. 3 Pensions & Investments, “The Best Places to Work in Money Management” among companies with 1,000 or more employees, December 2022.