Principal Asset Management - Tue, 07/16/2024 - 00:18

Fixed Income Perspectives: 3Q 2024

Principal

A resilient U.S. economy is keeping rate cuts on hold... for now. While the first half of 2024 felt like perpetual “hurry up and wait,” a pivotal U.S. presidential election and the potential for elusive rate cuts make the second half of this year more interesting for fixed income investors.   
    
The latest Fixed Income Perspectives explores:   
•             How a strong and resilient U.S. economy presents numerous opportunities across fixed income   
•             Why we’re optimistic about yields and potential duration gains as the Federal Reserve normalizes rates

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Principal Asset Management

With public and private market capabilities across all asset classes, Principal Asset ManagementSM and its specialist investment teams are focused on harnessing the potential of every opportunity to secure an advantage for its clients.

The 27th largest manager of worldwide institutional assets under management of 434 managers profile, Principal Asset Management applies local insights with global perspectives to identify compelling investment opportunities and deliver distinctive solutions aligned with client objectives.1

Principal Asset Management is the global investment management business for Principal Financial Group®  (Nasdaq: PFG), managing $553.1 billion in assets and recognized as one of the “Best Places to Work in Money Management” for 12 consecutive years.2,3

Learn more at PrincipalAM.com.

1 Managers ranked by total worldwide institutional assets as of December 31, 2022. Pensions & Investments, “Largest Money Managers,” June 2023. 
2 Principal Asset Management AUM as of June 30, 2024. 
3 Pensions & Investments, “The Best Places to Work in Money Management” among companies with 1,000 or more employees, December 2023. 
Principal Asset ManagementSM is a trade name of Principal Global Investors, LLC.

Edward Kakenmaster  
Managing Director, Insurance Sales & Relationship Management  
Kekenmaster.Edward@principal.com  
+1.515.878.1334

711 High Street  
Des Moines, Iowa 50392

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