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Principal GI plays down disruption after EM exits

Asia CEO Andrea Muller stresses the firm’s globally integrated approach after 11 quit its emerging markets team. More hires are planned, notably in Hong Kong and China.
Principal GI plays down disruption after EM exits
The Asia CEO of Principal Global Investors, Andrea Muller, has sought to downplay disruption to the firm’s global emerging markets and Asia coverage following a string of departures. Principal had operated with three senior portfolio managers covering global emerging market equities: Michael Reynal and Mihail Dobrinov based in Des Moines, Iowa, and Michael Ade in Singapore. The firm also has a support team of EM analysts based in Des Moines, Hong Kong, Singapore and London, and …
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