Principal Asset Management
Principal Asset Management is the global investment management business of Principal Financial Group, a leading global financial institution which can trace its roots back to 1879. Listed on the Nasdaq Global Select Market under the ticker symbol PFG, Principal Financial Group, Inc. is a member of the Fortune 500 and offers a wide range of financial products and services through a diverse family of financial services companies. Principal Asset Management brings a focused perspective and offers investment capabilities spanning all major asset classes across both public and private markets. Today, we manage $601.5 billion1 of assets on behalf of a broad range of investors from across the globe. Through our specialized investment teams of more than 650 investment professionals, we deliver distinctive opportunities within equities, fixed income, asset allocation and real estate & private markets.
Fund: Principal Finisterre EMD High Income Strategy
Why is the Fund a Fund to Watch?
Speaker:
Damien Buchet - Chief Investment Officer of Principal Finisterre
Damien joined Principal Finisterre in 2015 as Chief Investment Officer. Previously he was the Global Head of Emerging Market Fixed Income at Axa Investment Managers in Paris and worked in various trading roles for Dexia, CCR Gestion and Barep Asset Management. He started his career in Hong Kong as an Asian Equity Fund Manager at Euro Pacific Advisers Ltd and as a Financial Analyst, China desk at Societe Generale Hong Kong Branch. Damien graduated from EDHEC School of Business Administration and is also a CFA Charterholder.
Presentation Synopsis:
Principal Finisterre - High Income Drivers in Emerging Market Debt
Damien Buchet, CIO of Principal Finisterre, and veteran Emerging Market Debt investor, will discuss the upcoming launch of his EMD High Income strategy in UCITS, a strategy which has been running in the US since June 2019. An income-focused approach to EMD, aiming to maximise yield as a performance driver, while minimising the portfolio impact of EMD credit and macro risks - all while maintaining the DNA of one of the market’s leading EMD teams.
Sales Attendees:
John Fiddes – Sales Director, Wholesale - UK/Ireland
John is responsible for wholesale sales for Principal across the UK, Ireland, and Channel Islands, while developing and executing strategies to support business growth. He joined Principal from J. Safra Sarasin, where he built the firm’s UK wholesale distribution from the ground up, launching products and securing key wealth manager buy-list placements. Previously, John was a Business Development Director at NN Investment Partners (now part of Goldman Sachs AM), leading business and sales initiatives. He holds a BA (Hons) in Accountancy and Finance from the University of Lincoln.
Erik Khor – Sales – UK/Ireland
Erik covers wholesale fund distribution at Principal Asset Management in London, working across the firm’s public and private market capabilities. He previously worked in Institutional Business Development at Guidepoint, targeting hedge funds, private equity, venture capital, pension funds, and development finance institutions across EMEA. Erik holds an MSc in Investment and Risk Finance from Westminster Business School, a BSc in Economics and Finance from Queen Mary University of London, and the CFA UK Investment Management Certificate (IMC).