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 |
|
Thursday, May 16, 2013 Principal Loses a Director to a Spanish Titan Principal has lost a mutual fund director to Santander Asset Management, which incidentally is rumored to be a target by U.S. private equity investors. Mikhail Mora has joined Santander to serve as mutual fund distribution director, according to his Linkedin posting. For three years previously, he worked as a commercial and product director at Principal Financial Group, where he handled independent financial advisors, institutional sales and mutual fund distribution. Before that, he served as a deputy director at Banamex Asset Management, and before that, a manager for institutional sales and mutual fund distribution at Citi. Santander, currently, has no presence in the U.S. mutual fund market, but according to published reports it is a takeover target for private equity firms Warburg Pincus and General Atlantic. MFWire could not reach Santander nor Principal executives for comment as of press time. Printed from: MFWire.com/story.asp?s=43900 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |