Principal Global Investors launches on Transact

Principal Global Investors is making its first move into the UK retail market by making its fund rang...

Principal Global Investors is making its first move into the UK retail market by making its fund range available on the Transact platform. Although the funds have had retail share classes since inception, they have never been actively marketed to the retail audience in the UK. Principal managed $244.9bn in assets primarily for pension funds and institutional clients but after achieving five-year track records on the Dublin funds, the group is opening up its distribution channels to the IFA market through Transact. Investors will now be able to access Global Equity, European Equity, Asi...