Business Context and Reporting Period
This Form 8-K is a Regulation FD disclosure filed by Principal Financial Group, Inc. on October 16, 2014. The report provides Assets Under Management (AUM) data as of September 30, 2014, prior to the release of the Company's quarterly earnings.
Key Financial Metrics
The filing discloses AUM figures by asset manager as of September 30, 2014:
- Principal Global Investors: $307.0 billion
- Principal International: $113.2 billion
The filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity metrics.
Material Changes
The filing text does not provide a clear value for material changes versus the prior comparable period.
Guidance, Outlook, and Risks
Management notes that the AUM amounts presented will be consistent with the format used in the Company's financial supplement for the quarter ended September 30, 2014. This supplement is expected to be posted to the investor relations website on or about October 23, 2014. The filing does not contain specific guidance, outlook, risks, contingencies, or unusual items beyond the disclosure of AUM figures.
Investor Verification Points
- Verify the total AUM figures against the upcoming quarterly financial supplement expected on October 23, 2014.
- Confirm whether the reported AUM includes assets managed directly and pursuant to dual employment agreements among affiliated companies.
- Review the full quarterly earnings release for revenue, profit, and liquidity metrics not included in this 8-K.