Business Context and Reporting Period
This Form 8-K is a Regulation FD disclosure filed by Principal Financial Group, Inc. on July 17, 2009. The report provides a quarterly update on assets under management (AUM) by asset manager prior to the release of the Company's official quarterly earnings for the period ended June 30, 2009.
Key Financial Metrics
The filing discloses specific AUM figures as of June 30, 2009, but does not provide data on revenue, profit, cash flow, margins, debt, or liquidity.
- Principal Global Investors AUM: $190.9 billion
- Principal International AUM: $26.6 billion
Material Changes
The filing text does not provide comparative data for prior periods; therefore, material changes in assets under management versus the prior comparable period cannot be determined from this document.
Guidance, Outlook, and Management Commentary
Management indicates that the AUM figures presented will be consistent with the format used in the Company's financial supplement for the quarter ended June 30, 2009. This supplement is scheduled to be posted to the investor relations website on or about August 3, 2009. No specific guidance, risks, contingencies, or unusual items are detailed in this report.
Investor Verification Checklist
- Verify the total AUM figures against the full financial supplement expected on August 3, 2009.
- Confirm the breakdown of AUM by asset class once the detailed earnings release is published.
- Review the upcoming quarterly earnings release for revenue, profit, and liquidity metrics not included in this 8-K.