Principal Financial Group Inc (NAS:PFG)
$ 82.22 0.8 (0.98%) Market Cap: 19.27 Bil Enterprise Value: 19.08 Bil PE Ratio: 15.48 PB Ratio: 1.73 GF Score: 76/100

Q4 2018 Principal Financial Group Inc Earnings Call Transcript

Jan 30, 2019 / 03:00PM GMT
Release Date Price: $48.14 (-2.98%)
Operator

Good morning, and welcome to the Principal Financial Group Fourth Quarter 2018 Financial Results Conference Call. (Operator Instructions) I would now like to turn the conference call over to John Egan, Vice President of Investor Relations.

John Egan
Principal Financial Group, Inc. - VP of IR

Thank you, and good morning. Welcome to Principal Financial Group's Fourth Quarter and Full Year Conference Call. As always, materials related to today's call are available on our website at principal.com/investor.

I'll start by mentioning 2 changes on our fourth quarter financial supplement in the PGI AUM by boutique table on the top of Page 16. Effective October 1, 2018, Morley Financial Services joined Principal Global Fixed Income to better align capabilities and resources. As a result, approximately $17 billion of AUM moved from the Morley Financial Services boutique to the Principal Global Fixed Income boutique. Additionally, during the fourth quarter, we announced our exit from the actively managed currency market and closed the Macro Currency Group

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot