Business Context and Reporting Period
This Form 8-K is a current report filed by Principal Financial Group, Inc. on January 21, 2020, pursuant to Item 7.01 (Regulation FD Disclosure). The filing discloses Assets Under Management (AUM) by asset manager as of December 31, 2019, prior to the release of the Company's quarterly earnings.
Key Financial Metrics
The filing provides specific AUM figures but does not contain data regarding revenue, profit, cash flow, margins, debt, or liquidity.
| Asset Manager | AUM (as of Dec 31, 2019) |
|---|---|
| Principal Global Investors | $458.6 billion |
| Other Entities of Principal Financial Group | $169.2 billion |
Note: "Other Entities" includes Principal International, Principal Bank, assets managed by insurance segments, and sub-advised assets within the RIS segment.
Material Changes
The filing text does not provide comparative data for prior periods; therefore, material changes versus the prior comparable period cannot be determined from this document.
Guidance, Outlook, and Risks
The filing states that the AUM amounts presented will be consistent with the format used in the Company's financial supplement for the quarter ended December 31, 2019. This supplement is expected to be posted to the investor relations website on or about January 28, 2020. No specific guidance, management commentary on risks, or contingencies are included in this report.
Investor Verification Checklist
- Verify the total AUM figures ($458.6 billion and $169.2 billion) against the upcoming quarterly financial supplement expected on January 28, 2020.
- Review the full quarterly earnings release for revenue, profit, and liquidity metrics, as they are not included in this 8-K.
- Confirm the composition of "Other Entities" to understand the specific contributions of Principal International and the insurance segments.