Business Context and Reporting Period
This Form 8-K is a Regulation FD disclosure filed by Principal Financial Group, Inc. on July 17, 2019. The report provides Assets Under Management (AUM) data as of June 30, 2019, prior to the release of the company's quarterly earnings.
Key Financial Metrics
The filing discloses AUM figures by asset manager but does not provide data on revenue, profit, cash flow, margins, debt, or liquidity.
| Asset Manager | AUM (as of June 30, 2019) |
|---|---|
| Principal Global Investors | $431.8 billion |
| Principal International and Other Entities | $168.9 billion |
Note: "Other Entities" include Principal Life Insurance Company and Principal Bank.
Material Changes
The filing text does not provide comparative data for the prior period; therefore, material changes in AUM cannot be determined from this document.
Guidance, Outlook, and Risks
The filing states that these AUM amounts will be presented again in the Company's financial supplement for the quarter ended June 30, 2019, expected to be posted to the investor relations website on or about July 25, 2019. No specific guidance, management commentary on risks, or unusual items are included in this report.
Investor Verification Checklist
- Verify the total AUM figures against the full quarterly earnings release and financial supplement expected on or about July 25, 2019.
- Confirm the breakdown of "Principal International and Other Entities" to understand the specific contribution of Principal Life Insurance Company and Principal Bank.
- Review the upcoming earnings release for revenue, profit, and liquidity metrics, as they are absent from this 8-K.