Business Context and Reporting Period
This Form 8-K is a Regulation FD disclosure filed by Principal Financial Group, Inc. on April 19, 2011. The report provides quarterly Assets Under Management (AUM) data as of March 31, 2011, prior to the release of the company's full quarterly earnings.
Key Financial Metrics
The filing discloses specific AUM figures by asset manager but does not provide data on revenue, profit, cash flow, margins, debt, or liquidity.
- Principal Global Investors AUM: $222.9 billion
- Principal International AUM: $46.1 billion
The filing notes that AUM may include assets managed directly and pursuant to dual employment agreements among affiliated companies.
Material Changes
The filing text does not provide a clear value for material changes compared to the prior comparable period. It only presents the absolute AUM figures for the quarter ended March 31, 2011.
Guidance, Outlook, and Management Commentary
Management indicates that these AUM amounts will be presented again in the Company's financial supplement for the quarter ended March 31, 2011. This supplement is expected to be posted to the investor relations website on or about May 2, 2011. No specific guidance, risks, contingencies, or unusual items are detailed in this specific report.
Investor Verification Checklist
- Verify the total AUM figures against the full quarterly earnings release and financial supplement expected on or about May 2, 2011.
- Confirm the breakdown of assets managed directly versus those under dual employment agreements.
- Review the upcoming financial supplement for revenue, profit, and liquidity metrics not included in this 8-K.