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Showing 1 - 10 of 10 results for "Principal Asset Management"

US Federal Reserve eyes multiple interest rate cuts this year

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... to both its GDP growth and inflation forecasts. This is a Fed that wants to reduce interest rates," Principal Asset Management chief global strategist Seema Shah said. "The Fed did not make any announcements with regards the balance sheet but noted that ...

REITs primed for investor cash amid uncertainty

CHLOE WALKER  |  FRIDAY, 2 FEB 2024
... real estate investment trusts (REITs) are an attractive investment opportunity in 2024, according to Principal Asset Management. In a recent outlook report for listed REITs, Principal Asset Management chief executive, public real assets and chief investment ...

Emerging markets well placed for 2024

CHLOE WALKER  |  FRIDAY, 19 JAN 2024
Robeco and Principal Asset Management predict strong performance in emerging markets this year from a macroeconomic and valuation standpoint. According to new research by Robeco, the five-year expected return forecast for emerging markets is 8.25% ...

How will the Israel-Hamas conflict impact Australia?

CASSANDRA BALDINI  |  TUESDAY, 10 OCT 2023
... price reaction, and that's being based around this potential disruption to Iran's oil exports." Principal Asset Management chief global strategist Seema Shah agrees, the critical macro concern lies with the oil market. "This increase only partially ...

ECB raises rates to record high of 4%

CASSANDRA BALDINI  |  FRIDAY, 15 SEP 2023
... inflation containment. That is why I think the ECB should raise its policy rate(s) by 25 basis points." Principal Asset Management chief global strategist Seema Shah said it's likely the ECB decided that a hike was needed before a stagflationary ...

Federal Reserve holds rates steady

ANDREW MCKEAN  |  THURSDAY, 15 JUN 2023
... interest rates for the time being, some officials have indicated that further hikes may be on the horizon. Principal Asset Management chief global strategist Seema Shah said: "Fed chair Jerome Powell emphasised that, while the committee thinks it will ...

Principal Financial Group to rebrand investment unit

CASSANDRA BALDINI  |  TUESDAY, 11 OCT 2022
Principal Financial Group (Principal) will rebrand its investment unit to Principal Asset Management. The financial group said it is shifting focus toward asset management and strategic hires have been made. "Asset management is a core growth driver ...

Principal and CIMB strengthen asset management ties

DARREN SNYDER  |  MONDAY, 15 JAN 2018
... Southeast Asia. Pending regulatory approval, Principal will pay up to $150 million to own 60% of both CIMB-Principal Asset Management and CIMB-Principal Islamic Asset Management. CIMB, a Malaysian wealth and banking group, will retain 40% ownership in ...

Principal Global gets $150m QFII quota

MELANIE TIMBRELL  |  THURSDAY, 30 AUG 2012
... joint venture with China Construction Bank in 2005 with the joint venture, China Construction Bank-Principal Asset Management (CCB-PAM), managing both equity and fixed income products for local clients. Principal Global Investors will engage CCB-PAM ...

Charles River key IT for Islamic funds

... Sharia'ah-compliant funds, which must conform to the teachings of Islam. For example, Malaysia-based CIMB-Principal Asset Management Berhad (CIMB-Principal) manages14 Shari'ah compliant funds, all of which uses Charles River's technology. "As more and ...
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