01—Abstract
Summary
Summary of the 8-K filed October 19, 2026. Cited figures are marked; the original filing is the authoritative source.
Principal Financial Group, Inc. (PFG) filed this Form 8-K under Item 7.01 (Regulation FD Disclosure) on October 19, 2026 to disclose its assets under management (AUM) by asset manager for the quarter ended September 30, 2026, ahead of its quarterly earnings release.
Total AUM was $785.0 billiona as of September 30, 2026, of which $581.7 billion was managed by Principal Asset Management - Investment Management and $166.2 billion by Principal Asset Management - International Pension. For the quarter, the company stated that a combination of foreign currency translation, market performance, operations disposed, and other items not reported as part of net cash flow had an approximate 1.5% negative impact as a percentage of beginning period AUM. Operations disposed reduced AUM by $2.2 billion in the quarter, primarily due to the sale of the Chile annuity business within Principal Asset Management - International Pension.
The filing also highlights exposure considerations during periods of market dislocation, including small, mid-cap, and international equity products, high yield and preferred securities in fixed income, and exchange rate movements in emerging markets. The detailed AUM format will be repeated in the financial supplement for the quarter, expected to be posted to the investor relations website on or about October 26, 2026.
02—Key points
Key Highlights
- Total AUM of $785.0 billion as of September 30, 2026
- Principal Asset Management - Investment Management managed $581.7 billion
- Principal Asset Management - International Pension managed $166.2 billion
- Combined FX translation, market performance, operations disposed and other items had an approximate 1.5% negative impact as a percentage of beginning period AUM
- Operations disposed reduced AUM by $2.2 billion, primarily from the sale of the Chile annuity business
- Filing discloses exposure to small, mid-cap, international equities, high yield/preferred securities, and emerging market exchange rates during market dislocations
03—Questions
Frequently Asked Questions
What was Principal Financial Group's total AUM at the end of the third quarter of 2026?
Total assets under management were $785.0 billion as of September 30, 2026, split between $581.7 billion in Principal Asset Management - Investment Management and $166.2 billion in Principal Asset Management - International Pension.
What drove the AUM decline related to operations disposed?
Operations disposed reduced AUM by $2.2 billion in the quarter, primarily due to the sale of the Chile annuity business in the International Pension segment of Principal Asset Management.
How did currency, market and other factors affect AUM this quarter?
Foreign currency translation, market performance, operations disposed and other items not reported as part of net cash flow together had an approximate 1.5% negative impact as a percentage of beginning period AUM.
Where can investors find more detailed AUM information?
The same AUM-by-asset-manager format will appear in the Company's financial supplement for the quarter ended September 30, 2026, which is expected to be posted to the investor relations website on or about October 26, 2026.
04—Continue