Insights

Navigating global market volatility

Access insights on today’s rapidly changing markets and how shifting trends may impact portfolios.

Harness our expertise to make informed decisions

Gain clarity on complex issues impacting markets. Explore the newest perspectives from our market and investment experts.

2Q 2025

Global Market Perspectives

Our quarterly investment outlook highlights the themes and investment implications for the period ahead.

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Prepare portfolios for market shifts

Insights from our investment experts across the full spectrum of asset classes.

Real assets

Principal Asset Allocation: Navigating real assets amid a trade war

Fixed income

Principal Fixed Income: Keep calm and carry bonds

Fixed income

Spectrum Asset Management: Bank, insurance, and utility fundamentals resilient to U.S. tariffs

Explore more from our experts

Our expert-driven insights offer unique outlooks on global market developments, emerging investment opportunities, and macroeconomic trends. With tailored viewpoints crafted to help navigate an ever-changing financial landscape, enhance your portfolios with our investment expertise.

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Why Principal Asset Management?

We’re focused on harnessing the potential of every opportunity to secure an advantage for our clients.

Trusted heritage of Principal

140+ years For more than a century, Principal has helped individuals confidently reach their goals. Established in 1994, Principal Asset Management is the investment management business for Principal Financial Group®.

Expertise

Over 650 Investment professionals providing a depth of knowledge, averaging 17 years of industry experience.1

Scale and scope

28th largest Manager of worldwide institutional assets2, Principal Asset Management is a fiduciary with disciplined process and specialized expertise across asset classes, managing $559.1 billion in assets.1

Strong foundation

Fortune 500 Backed by the resources of a Fortune 500 company, the Principal Financial Group delivers value to our shareholders and more than 62 million customers who rely on our expertise in retirement, insurance, and asset management.3

  1. As of 12/31/2024.
  2. 411 managers profiled by total worldwide institutional assets as of 31 December 2023 “Largest Money Manager,” PENSIONS & INVESTMENTS, June 2024.
  3. As of 12/31/2023. See our most recent 10-K or 10-Q report for additional information and forward-looking disclosures. For other updates, visit www.principal.com.
Disclosures

Important information

This material covers general information only and does not take account of any investor’s investment objectives or financial situation and should not be construed as specific investment advice, a recommendation, or be relied on in any way as a guarantee, promise, forecast or prediction of future events regarding an investment or the markets in general. Information presented has been derived from sources believed to be accurate; however, we do not independently verify or guarantee its accuracy or validity. Any reference to a specific investment or security does not constitute a recommendation to buy, sell, or hold such investment or security, nor an indication that the investment manager or its affiliates has recommended a specific security for any client account. Subject to any contrary provisions of applicable law, the investment manager and its affiliates, and their officers, directors, employees, agents, disclaim any express or implied warranty of reliability or accuracy and any responsibility arising in any way (including by reason of negligence) for errors or omissions in the information or data provided.

This material may contain ‘forward‐looking’ information that is not purely historical in nature and may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will come to pass. Reliance upon information in this material is at the sole discretion of the reader.

Principal Asset Management is the global investment management business for Principal Financial Group® and includes the asset management operations of the following: Principal Global Investors, LLC; Principal Real Estate Investors, LLC; Principal Real Estate Europe Limited and its affiliates; Spectrum Asset Management, Inc.; Post Advisory Group, LLC; Principal Asset Management Ltda; Principal Global Investors (Europe) Limited; Principal Global Investors (Ireland) Limited, Principal Global Investors (Singapore) Limited.; Principal Global Investors (Australia) Ltd.; Principal Global Investors (Japan) Ltd.; Principal Asset Management Company (Asia) Ltd., Principal Asset Management Berhad, Principal Islamic Asset Management SDN BHD, Principal Fondos de Inversion, S.A. DE C.V., Principal Mexico Servicos, S.A. DE C.V., Principal Adminstradora General de Fondos S.A., and includes assets where we provide model portfolios.

Principal Funds are distributed by Principal Funds Distributor, Inc.

Principal Asset Allocation and Principal Fixed Income are investment teams within Principal Global Investors.

Spectrum Asset Management, Inc. is an affiliate of Principal Global Investors.

Principal Asset Management℠ is a trade name of Principal Global Investors, LLC.

© 2025 Principal Financial Services, Inc. Principal®, Principal Financial Group®, Principal Asset Management, and Principal and the logomark design are registered trademarks and service marks of Principal Financial Services, Inc., a Principal Financial Group company, in various countries around the world and may be used only with the permission of Principal Financial Services, Inc.

MM14440 | 04/2025 | 4384323-042026