Business Context and Reporting Period
This Form 8-K is a Regulation FD disclosure filed by Principal Financial Group, Inc. on April 16, 2014. The report provides quarterly Assets Under Management (AUM) data by asset manager for the period ended March 31, 2014, prior to the release of the company's quarterly earnings.
Key Financial Metrics
The filing discloses the following AUM figures as of March 31, 2014:
- Principal Global Investors: $297.9 billion
- Principal International: $106.5 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 Management Commentary
Management notes that the AUM amounts presented are consistent with the format to be used in the financial supplement for the quarter ended March 31, 2014. This supplement is scheduled to be posted to the company's investor relations website on or about April 24, 2014. The filing does not contain specific guidance, outlook, risks, contingencies, or unusual items beyond the disclosure of AUM figures.
Investor Verification Checklist
- Verify the total AUM figures against the full financial supplement expected on or about April 24, 2014.
- Confirm whether the reported AUM includes assets managed directly and pursuant to dual employment agreements among affiliated companies.
- Review the upcoming quarterly earnings release for revenue, profit, and liquidity metrics not included in this 8-K.