MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, November 2, 2010 Principal Sees Earnings Hike in Asset Management Principal Financial Group's Principal Global Investors [see profile] unit (which includes its mutual fund arm) reported a net cash flow of $800 million in the third quarter. It also reported operating earnings for Q3 2010 of $15 million, compared to $10.5 million in the prior year quarter, "primarily due to increased transaction fees and an increase in assets under management". Printed from: MFWire.com/story.asp?s=33905 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |