Company Announcements

DES MOINES, Iowa--(BUSINESS WIRE)--Mar. 31, 2025-- Principal Asset Management^SM, the investment management unit of Principal Financial Group^®, appointed Matthew Peron as Deputy CIO of Equities and Portfolio Manager, a newly established role aimed at further strengthening the equities platform, optimizing performance, and fostering innovation across global equity strategies at Principal.

In this leadership role, Peron will serve as a strategic partner to George Maris, chief investment officer and global head of equities, and other senior leaders to provide investment leadership, drive innovation, and advance portfolio outcomes to elevate overall client outcomes.

"As we navigate an increasingly complex global equities landscape, Principal remains committed to strengthening our equities capabilities – bringing top talent into the organization while continuing to develop and invest in our existing teams," said Maris. "We are excited to welcome Matthew Peron to our team. His deep expertise across equities and investment leadership will advance our high-performance culture and strengthen our ability to deliver exceptional investment outcomes for clients across our global portfolios."

Peron will also be co-portfolio manager for the firm’s international equity strategies, including the international equity, diversified international, and European portfolios, comprising $26 billion in assets under management¹. In addition, he will play a key role in shaping the overall strategy for the equities platform globally at Principal, ensuring alignment with long-term client objectives and enhancing risk-adjusted returns.

“As market complexity heightens the need for disciplined equities strategies, I’m excited to join a team in Principal focused on delivering trusted solutions to investors,” said Peron. “At this pivotal time for equities, strengthening our capabilities is more important than ever, and I look forward to helping drive innovation, investment processes, and collaborate with a global team to optimize client outcomes.”

About Matthew Peron

Peron joins Principal with 30 years of investment industry experience, most recently serving as Global Head of Solutions at Janus Henderson Investors, as well as lead portfolio manager on the firm’s research funds and member of the strategic leadership team. Peron received his Bachelor of Science in Electrical Engineering from Swarthmore College. He also earned a Master of Business Administration from the University of Chicago.

About Principal Asset Management^SM

With public and private market capabilities across all asset classes, Principal Asset Management and its investment specialists look at asset management through a different lens, creating solutions to help deliver client investment objectives. By applying local insights with global perspectives, Principal Asset Management identifies distinct and compelling investment opportunities for more than 1,100 institutional clients in over 80 markets.¹ Principal Asset Management is the global investment solutions business for Principal Financial Group^® (Nasdaq: PFG), managing $559.1 billion in assets¹ and recognized as a “Best Places to Work in Money Management”² for 12 consecutive years.

Learn more at www.PrincipalAM.com.

[1] As of December 31, 2024

[2] Pensions & Investments, “The Best Places to Work in Money Management”, among companies with 1,000 or more employees, December 2024.

Investing involves risk, including possible loss of principal.

©2025 Principal Financial Services, Inc., Principal®, Principal Financial Group®, Principal Asset Management, and Principal and the logomark design are registered trademarks and service marks of Principal Financial Services, Inc., a Principal Financial Group company, in various countries around the world and may be used only with the permission of Principal Financial Services, Inc. Principal Asset Management℠ is a trade name of Principal Global Investors, LLC. Principal Real Estate is the trade name of Principal Real Estate Investors, LLC, an affiliate of Principal Global Investors.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250328385888/en/

Media Contact:
Erin Parro, parro.erin@principal.com, 515-878-0130

Source: Principal Asset Management