Bringing you live news and features since 2006 

Handshake 2

Principal Global Investors appoints new head of funds business


Principal Global Investors has appointed Kamal Bhatia as the new President and CEO of Principal Funds. Bhatia assumes responsibility for the global platform covering US Funds, European and Asian UCITS and global ETFs. 

Bhatia will lead the strategic growth and management of the global platform supported by distribution, product, marketing and operations.

“As we continue to invest in and evolve our platform, Kamal brings significant asset management experience across multiple business platforms,” says Pat Halter, chief executive officer and president Principal Global Investors. “In addition to being a strong cultural fit, Kamal brings a seasoned understanding of evolving customer needs to help us take advantage of new opportunities to grow our global platform.”

Principal Global Investors has significant investment capabilities in real estate, equities, fixed income and multi-asset strategies. The continued demand for product innovation combined with superior execution skills has become a key differentiator in our business.

“The global footprint of Principal along with stellar culture and client trust is incredibly valuable and unique,” says Bhatia. “I am honoured to join an asset management industry leader and look forward to working with our team to further shape and grow. Our goal is to meet our clients with a variety of capabilities that service their needs and exceed their expectations.”

Bhatia comes to Principal from OC Private Capital, a joint venture between Oppenheimer Funds and Carlyle, where he served as CEO and Chairman of the Board. Previously he has held senior management roles at OppenheimerFunds, TIAA-CREF Asset Management, Mellon Asset Management and Citigroup. He holds a MS from Washington University in St. Louis and B.Tech from Indian Institute of Technology in Kanpur.

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
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