Principal Asset Management Company (Asia) Limited
- Regulatory AUM
- $14.4B
- Discretionary
- $13.6B
- Clients
- 35
- Avg AUM / client
- $411M
- Accounts
- 35
- Employees
- 39
AUM over time
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 0 | $0 | — |
| High net worth individuals | 0 | $0 | — |
| Banking or thrift institutions | 1 | $2.0B | 13.8% |
| Investment companies | 10 | $222M | 1.54% |
| Pooled investment vehicles (non-investment companies) | 14 | $11.5B | 79.9% |
| Pension and profit sharing plans | 8 | $384M | 2.67% |
| Charitable organizations | 0 | $0 | — |
| State or municipal government entities | 0 | $0 | — |
| Other investment advisers | 0 | $0 | — |
| Insurance companies | 0 | $0 | — |
| Sovereign wealth funds and foreign official institutions | 1 | $243M | 1.69% |
| Corporations and other businesses | 1 | $50.3M | 0.35% |
People (10)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Saran, Phillip, Howard Hasenfus | Officer | Jun 2015 (11y) | Less than 5% | |
| Wu, Michele, Xiaoming | Officer | Nov 2020 (6y) | Less than 5% | |
| Ching, Derek, Ho Yin | Director | Jun 2021 (5y) | Less than 5% | |
| Echegorri Rodriguez, Alejandro, Elias | Director | Jun 2021 (5y) | Less than 5% | |
| Lange, Justin, Thomas | Chief Compliance Officer | Oct 2022 (4y) | Less than 5% | |
| Chiu, Steve, Po Slu | Chief Executive Officer | Mar 2023 (3y) | Less than 5% | |
| Vohra, Rohit | Director | Mar 2023 (3y) | Less than 5% | |
| Zhong, Rongsa | Director | Mar 2023 (3y) | Less than 5% | |
| Djurasovic, George | General Counsel | Nov 2023 (3y) | Less than 5% | |
| Singh, Raj, Kumar | Director | Aug 2024 (2y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Principal International (Asia) Limited | Sole Shareholder | Dec 1997 | A | 75% or more |
| Principal Financial Group, Inc | Sole Shareholder | Dec 1997 | B | ≈ 31.64% – 100% via Principal Financial Services Inc |
| Principal Financial Services Inc | Sole Shareholder | Dec 1997 | B | ≈ 42.19% – 100% via Principal International Llc |
| Principal International Llc | Sole Shareholder | Dec 1997 | B | ≈ 56.25% – 100% via Principal International (Asia) Limited |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Principal Financial Group, Inc: 75% – 100% of Principal Financial Services Inc × 75% – 100% of Principal International Llc × 75% – 100% of Principal International (Asia) Limited × 75% – 100% direct ≈ 31.64% – 100% of the firm
- Principal Financial Services Inc: 75% – 100% of Principal International Llc × 75% – 100% of Principal International (Asia) Limited × 75% – 100% direct ≈ 42.19% – 100% of the firm
- Principal International Llc: 75% – 100% of Principal International (Asia) Limited × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 3.64 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: IN APRIL 2022 PRINCIPAL GLOBAL INVESTORS, LLC (PGI) HAD AN UNINTENTIONAL SHORT SALE OF A SECURITY DUE TO A CORPORATE ACTION IN POTENTIAL BREACH OF LOCAL REGULATIONS. IN SEPTEMBER 2022, PGI RECEIVED AN EMAIL REGARDING "NOTICE OF ACTION TO BE TAKEN" REGARDING THE BREACH OF LOCAL RESTRICTION PROVISIONS IN THE FINANCIAL INVESTMENT SERVICES AND CAPITAL MARKETS ACT OF KOREA. THE FINAL DISPOSITION INVOLVED A FINAL ORDER ISSUED ON 11/11/22 ORDERING PRINCIPAL AM TO PAY A FINE IN THE AMOUNT OF 45,000,000 SOUTH KOREAN WAN, OR ROUGHLY 34,200 US DOLLARS TO THE SOUTH KOREAN SECURITIES AND FUTURES COMMISSION Status: Final Sanction Detail: ORDER RESULTED IN A FINE OF 45,000,000 SOUTH KOREAN WAN, 9,000,000 WAS WAIVED FOR EARLY PAYMENT AND THE AMOUNT WAS PAID ON 11/14/22 Summary: IN APRIL 2022, PRINCIPAL GLOBAL INVESTORS, LLC (PGI) HAD AN UNINTENTIONAL SHORT SALE OF A SECURITY DUE TO A CORPORATE ACTION IN POTENTIAL BREACH OF LOCAL REGULATIONS. IN SEPTEMBER 2022, PGI RECEIVED AN EMAIL REGARDING "NOTICE OF ACTION TO BE TAKEN" REGARDING THE BREACH OF LOCAL RESTRICITON PROVISIONS IN THE FINANCIAL INVESTMENT SERVICES AND CAPITAL MARKETS ACT OF KOREA. THE FINAL DISPOSITON INVOLVED A FINAL ORDER ISSUED ON 11/11/2022 ORDERING PRINCIPAL AM TO PAY A FIND IN THE AMOUNT OF 45,000,000 SOUTH KOREAN WAN, OR ROUGHLY 34,200 US DOLLARS TO THE SOUTH KOREAN SECURITIES AND FUTURES COMMISSION.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
Custody
Reported custodians
- Citibank $849M (6% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗