Principal GI outdoes peers in Asia asset growth

International fund houses did not have a great 2015 in Asia Pacific, but there were some bright spots. US firm Principal Global Investors’ regionally sourced assets increased 22.34% to $35.4 billion in the year to end-September, driven largely by flows in Japan and into income products. This made it the third fastest growing global fund house in the region by AsianInvestor’s AI100 data* and continues its strong, steady progress in Asia, following AUM rises of 37% and 35% in the pr…