Bringing you live news and features since 2006 

Principal Funds names Drew Lawton to Board of Directors


Principal Funds has named Drew Lawton, former CEO and senior managing director of New York Life Investment Management, to its board of directors.

Lawton’s financial services career spanned more than 30 years and included roles with Aetna Life and Casualty, Fidelity Investments, Fridson Investment Advisors and, most recently, New York Life. His experience in these organizations included leading institutional, retirement and retail market businesses within the U.S. and globally.

“We are pleased to welcsaysome Drew to our board. His extensive knowledge of the investment management business and experience in the mutual fund industry will serve Principal Funds’ shareholders well,” said Mike Beer, president and CEO of Principal Funds.

Lawton earned a bachelor’s degree in administrative science from Yale University and an MBA from the University of North Texas. He serves on the board of directors of the Make-A-Wish Foundation of America.

For more research, analysis and insights from Principal Financial Group®, visit the Principal Knowledge Center and connect with us on Twitter.

Latest News

BlackRock's iShares, an undisputed leader among European ETF issuers, pushed further ahead in Q1 with EUR173 billion in trades, triple..
European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..

Related Articles

etf active trading
Latest Morningstar data shows actively managed ETFs’ share of the US ETF market rose to 8.5 per cent at the...
Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by