Principal GI in talks to buy Asia private real estate firm
Principal Global Investors is also considering applying for a WFOE licence in China and is looking to invest in Asia offshore fund distribution, the asset manager's chief executive tells AsianInvestor.
![Principal GI in talks to buy Asia private real estate firm](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2FJim%20McCaughan%20crop.jpg&c=1&h=677&q=100&v=20255511&w=1204)
Principal Global Investors (PGI) plans to expand in Asia by investing in offshore fund distribution and increasing its representation in China, among other initiatives.
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