Principal Asset Management appoints Daniel Maric as head of European distribution
He leads regional growth and deepens client relationships. Based in Germany, he oversees institutional investors.
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Latest news in Diversified Investment Services
Company announcements
Azimut reports first-half net profit growth and upgrades guidance
Recurring net profit rose 6% to €249 million, total revenues €781 million, and full-year net inflow guidance raised to over €35 billion.
Azimut acquires Yapı Kredi Portföy Yönetimi
The deal creates a combined platform with €29B in AuM and includes a 15-year exclusive distribution partnership.
Principal announces second quarter 2026 results
Non-GAAP operating earnings per share of $2.42 increased 17% and dividend raised to $0.84.
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Media coverage
The transfer of shares in Yapı Kredi Bank's Portfolio Management was approved by the Competition Authority
Yapı Kredi Bank (YKB): Yapı Kredi Bank, regarding the transaction for the transfer of shares in its subsidiary Yapı Kredi Portfolio Management to Azimut Group...
Samsung Life targets top stake in Principal Financial Group
South Korea's largest life insurer is pursuing a $4.4 billion stake in PFG, one of the top three...
PFG Acquires Beam Benefits to Accelerate Specialty Benefits Growth
Principal Financial's Beam Benefits acquisition expands its SMB reach, adding digital capabilities...
After the banking risk, Giuliani bets on the savings hub: 'Azimut is here, even as a minority'
The banking risk is in full swing, but Pietro Giuliani is already looking beyond it. The founder and chairman of Azimut believes that, once the...
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