Company Announcements

DES MOINES, Iowa--(BUSINESS WIRE)--Dec. 9, 2025-- Principal Asset Management^®, the investment management unit of Principal Financial Group^®, announced today Pensions & Investments has named the firm as a 2025 Best Place to Work in Money Management. This marks the 14^th consecutive year Principal has been recognized in the “largest employers” category, marking every year of recognition since the program’s inception.

“Maintaining a leading asset management firm is about more than just strong investment capabilities and insights. It’s also about creating a supportive environment where our employees feel connected to our purpose, proud of their contributions, and inspired to push boundaries,” said Kamal Bhatia, president and CEO of Principal Asset Management. “As we look forward to 2026, our teams are advancing our global platform with renewed energy and focus. This recognition helps fuel their enthusiasm and highlights how they support one another to serve our clients in a rapidly evolving industry landscape.”

This recognition highlights the ongoing commitment from Principal to foster a collaborative workplace culture. The firm's focus on building the next generation of investment strategies and leveraging AI to improve performance and create efficiency set the tone for teams to play to win and collaborate. By creating a high performing culture where employees thrive, Principal strengthens its ability to deliver outstanding solutions for clients globally.

About Pensions & Investments’ Best Place to Work in Money Management

Presented by Pensions & Investments, the global news source of money management and institutional investing, the 14th annual survey and recognition program is dedicated to identifying and recognizing the best employers in the money management industry.

The first part consisted of evaluating each nominated company's workplace policies, practices, philosophy, systems, and demographics. This part of the process was worth approximately 20% of the total evaluation. The second part consisted of an employee survey to measure employee experience. This part of the process was worth approximately 80% of the total evaluation. The combined scores determined the top companies.

For a complete list of the 2025 Pensions & Investments’ Best Places to Work in Money Management winners and profiles of the top firms across size categories, go to http://www.pionline.com/BPTW2025.

About Principal Asset Management^®

With public and private market capabilities across all asset classes, Principal Asset Management and its investment specialists look at asset management through a different lens, creating solutions to help deliver client investment objectives. By applying local insights with global perspectives, Principal Asset Management identifies distinct and compelling investment opportunities for more than 1,100 institutional clients in over 80 markets.¹Principal Asset Management is the global investment solutions business for Principal Financial Group^® (Nasdaq: PFG), managing $601.6 billion in assets¹ and recognized as a “Best Place to Work in Money Management”² for 14 consecutive years.

Learn more at www.PrincipalAM.com.

[1] As of September 30, 2025.

[2] Pensions & Investments, “The Best Places to Work in Money Management”, among companies with 1,000 or more employees, December 2025.

About Pensions & Investments

Pensions & Investments, owned by Crain Communications Inc., is the 52-year-old global news source of money management and institutional investing. P&I is written for executives at defined benefit and defined contribution retirement plans, endowments, foundations, and sovereign wealth funds, as well as those at investment management and other investment-related firms. Pensions & Investments provides timely and incisive coverage of events affecting the money management and retirement businesses. Visit us at www.pionline.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251209504196/en/

Media Contact:

Erin Parro, parro.erin@principal.com, 515-878-0130

Source: Principal Asset Management