Business Context and Reporting Period
This Form 8-K is a Regulation FD disclosure filed by Principal Financial Group, Inc. on October 20, 2010. The report provides quarterly Assets Under Management (AUM) data as of September 30, 2010, prior to the release of the company's full quarterly earnings.
Key Financial Metrics
The filing focuses exclusively on AUM figures and does not provide data on revenue, profit, cash flow, margins, debt, or liquidity.
| Asset Manager | AUM (as of Sept 30, 2010) |
|---|---|
| Principal Global Investors | $215.6 billion |
| Principal International | $40.0 billion |
Note: AUM includes assets managed directly and pursuant to dual employment agreements among affiliated companies.
Material Changes
The filing text does not provide comparative data for the prior period; therefore, material changes versus the prior comparable period cannot be determined from this document.
Guidance, Outlook, and Risks
The company indicated that these AUM figures will be presented again in the financial supplement for the quarter ended September 30, 2010, expected to be posted to the investor relations website on or about November 1, 2010. No specific guidance, management commentary on risks, contingencies, or unusual items is included in this report.
Investor Verification Checklist
- Verify the total AUM figures against the full quarterly earnings release and financial supplement expected around November 1, 2010.
- Confirm the breakdown of assets managed directly versus those under dual employment agreements.
- Review the upcoming earnings release for revenue, profit, and liquidity metrics not contained in this 8-K.