Business Context and Reporting Period
This Form 8-K is a Regulation FD disclosure filed by Principal Financial Group, Inc. on July 18, 2017. The report provides Assets Under Management (AUM) data by asset manager for the quarter ended June 30, 2017, prior to the release of the company's quarterly earnings.
Key Financial Metrics
The filing discloses the following AUM figures as of June 30, 2017:
- Principal Global Investors: $410.4 billion
- Principal International and Other Entities: $151.9 billion
Note: "Other Entities" include Principal Life Insurance Company and Principal Bank. This filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
The filing text does not provide comparative data for prior periods or explicitly state material changes in AUM versus the previous quarter.
Guidance, Outlook, and Management Commentary
Management indicates that these AUM amounts will be presented again in the Company's financial supplement for the quarter ended June 30, 2017. This supplement is scheduled to be posted to the investor relations website on or about July 27, 2017. No specific guidance, risks, or contingencies are detailed in this specific report.
Investor Verification Checklist
- Verify the total AUM figures in the upcoming quarterly earnings release and financial supplement (expected July 27, 2017).
- Confirm the breakdown of AUM between Principal Global Investors and Other Entities in the full quarterly report.
- Review the full earnings release for revenue, profit, and liquidity metrics not included in this 8-K.