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Principal AM plans Asia expansion with family office, real estate push

Shusi He
The US-based asset manager plans to ramp up hiring in the region as it tailors offerings to meet demand from family offices as well as enhance its alternative asset capabilities.
Principal AM plans Asia expansion with family office, real estate push

US-headquartered Principal Asset Management is ramping up its presence in Asia to capture fast-growing private wealth opportunities as well as bulk up its alternative asset capabilities, said global head of investments Kamal Bhatia.

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