Preferred securities catching institutional interest, says US fund house

Apr 17, 2012

Principal Global Investors says its nine-year-old preferred securities fund is gaining assets among sophisticated European and Asian investors amid post-crisis regulatory change.

Preferred securities catching institutional interest, says US fund house

Principal Global Investors says it is seeing renewed interest among wealthy and institutional investors in Asia for its preferred securities fund, with market opportunities created by post-crisis changes to regulation and rating agencies.

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