Principal Global Investors Announces New Managing Director, Consultant Relations

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Principal Global Investors Announces New Managing Director, Consultant Relations

Maureen Hays to lead firm's consultant relations practice

DES MOINES, Iowa--(BUSINESS WIRE)-- Principal Global Investors, LLC, a leading global asset manager and a member of the Principal Financial Group® (NYS: PFG) , announces Maureen Hays has been named managing director - consultant relations. Hays will be responsible for managing the firm's consultant relationships.


"We welcome Maureen to her role and look forward to her contributions to the consultant relations team," said George Jamgochian, executive director, U.S. distribution at Principal Global Investors. "Maureen's impressive background, established relationships and years covering leading U.S. consultants make her uniquely qualified to succeed in this role."

Hays joins Principal Global Investors from AXA-IM, where she was director - consultant relations and also had experience as director - institutional sales, endowments & foundations. Prior to AXA-IM, she worked in consultant relations at Morgan Stanley Investment Management. She is a graduate of Trinity College and earned a Masters of Business Administration from the University of Connecticut.

About Principal Global Investors
Principal Global Investors is a diversified asset management organization and a member of the Principal Financial Group®, with expertise in equities, fixed income and real estate investments, as well as specialized overlay and advisory services. Principal Global Investors manages $292.4 billion in assets1 primarily for retirement plans and other institutional clients2.

About the Principal Financial Group
The Principal Financial Group® (The Principal®)3 is a global investment management leader offering retirement services, insurance solutions and asset management. The Principal offers businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and insurance through its diverse family of financial services companies. Founded in 1879 and a member of the FORTUNE 500®, the Principal Financial Group has $456.1 billion in assets under management4 and serves some 19.1 million customers worldwide from offices in Asia, Australia, Europe, Latin America and the United States. Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG. For more information, visit www.principal.com.

1 As of March 31, 2013.

2 Principal Global Investors is the asset management arm of the Principal Financial Group ® (The Principal ®)3 and includes the asset management operations of the following subsidiaries of The Principal: Principal Global Investors, LLC; Principal Real Estate Investors, LLC; Principal Enterprise Capital, LLC; Spectrum Asset Management, Inc.; Post Advisory Group, LLC; Columbus Circle Investors; Edge Asset Management, Inc.; Morley Financial Services Inc.; Finisterre Capital, LLP; Origin Asset Management LLP; Principal Global Investors (Europe) Limited; Principal Global Investors (Singapore) Ltd.; Principal Global Investors (Australia) Ltd.; Principal Global Investors (Japan) Ltd.; Principal Global Investors (Hong Kong) Ltd.; CIMB-Principal Islamic Asset Management Sdn. Bhd.; and the majority owned affiliates of Principal International, Inc. Assets under management includes; assets managed by investment professionals of Principal Global Investors under dual employee arrangements with other subsidiaries of The Principal and assets managed in accordance with investment advice provided by Principal Global Investors through the delivery of a model.

3 "The Principal Financial Group" and "The Principal" are registered service marks of Principal Financial Services, Inc., a member of the Principal Financial Group.

4 As of March 31, 2013.



Principal Financial Group
Adam Lackey, 515-362-0482
lackey.adam@principal.com

KEYWORDS:   United States  North America  Iowa

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