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Principal Global Investors Appoints Portfolio Managers For Emerging Markets & Asian EquitiesDES MOINES, Iowa --(Business Wire)-- Principal Global Investors, LLC, a leading global asset manager and a member of the Principal Financial Group® (NYSE:PFG), announces Mohammed Zaidi and Alan Wang, CFA, are returning to the firm as senior members of the emerging markets equity team. Zaidi will manage global emerging market equities and serve as the head of emerging Asia strategies. Wang will serve as portfolio manager for Hong Kong and China equities, and research team lead for the greater China region. This is a homecoming of sorts with Principal Global Investors for both fund managers. Zaidi previously served as senior emerging market equities analyst from 2001 to 2006. Wang was with the firm from 2003 to 2008, initially as a member of the global research and development team, and then as an emerging markets analyst and portfolio manager for Hong Kong equities. "It's with great pleasure we welcome both Mohammed and Alan back to the team," said Mustafa Sagun, chief investment officer - equities, at Principal Global Investors. "Their experience in global emerging markets and Asian equities combined with their familiarity with our team and stock selection philosophy allows them to seamlessly contribute to portfolios, with no alteration to our investment process." Zaidi will be based in Singapore, while Wang will be based in Hong Kong. Both will report to Mihail Dobrinov, head of emerging market equities. Zaidi has more than 15 years of global emerging market equities investment experience, with a particular emphasis on Asia throughout his career. Since 2006, he has managed global emerging market equities for Scottish Windows Investment Partnership and, most recently, Martin Currie Investment Management in Edinburgh, Scotland. He has an MBA from the Massachusetts Institute of Technology, Sloan School of Management, and a bachelor's degree in economcs from the Wharton School, University of Pennsylvania. Wang has more than 12 years of investment experience, with a particular emphasis on greater China equities. He most recently served as director, head of equities investment with Ping An of China Asset Management (HK). He has an MBA from the University of Iowa, Tippie School of Management, and a bachelor's degree in economics and international finance from Renmin University of China. He is a CFA charterholder. Principal Global Investors has been managing emerging market equities since 1987 as part of its Diversified International strategy, and began managing dedicated Emerging Markets portfolios in 1995. Since then, the firm has developed a suite of complementary regional Asian and China focused equity strategies. The Principal® also has local asset management functions in emerging markets around the globe, including China, India, Malaysia, Brazil, Chile and Mexico.
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1 As of Sept. 30, 2012.
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