Business Context and Reporting Period
This Form 8-K is a Regulation FD disclosure filed by Principal Financial Group, Inc. on October 14, 2011. The report provides Assets Under Management (AUM) data as of September 30, 2011, prior to the release of the company's quarterly earnings.
Key Financial Metrics
The filing discloses specific AUM figures by asset manager but does not provide data on revenue, profit, cash flow, margins, debt, or liquidity.
- Principal Global Investors AUM: $217.3 billion
- Principal International AUM: $52.1 billion
The filing text does not provide a clear value for total consolidated AUM, though the sum of the disclosed segments is $269.4 billion.
Material Changes
The filing text does not provide a clear value for material changes or percentage growth compared to the prior comparable period.
Guidance, Outlook, and Management Commentary
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, 2011. This supplement is scheduled to be posted to the investor relations website on or about October 27, 2011. The filing does not contain specific guidance, risk factors, or commentary on unusual items beyond the disclosure of AUM figures.
Investor Verification Checklist
- Verify the total consolidated AUM in the upcoming financial supplement (expected October 27, 2011) to confirm if it matches the sum of the disclosed segments.
- Review the full quarterly earnings release for revenue, profit, and liquidity metrics not included in this 8-K.
- Confirm the definition of AUM used, as it may include assets managed directly and pursuant to dual employment agreements among affiliated companies.