Principal Global Investors launches fund range in Italy

The asset management firm’s fund range is now registered for distribution in 13 European locations, following a Spanish launch in July. Steven Brown, head of fund wholesale for the firm’s European arm, said: “In these turbulent times, when risk is at the forefront of asset managers’ and investors’ minds, transparency of the investment process takes on even more importance.” The firm aims to deliver consistent alpha and minimise unrewarded risk by using fundamental research underpinned by a proprietary quantitative process, he said. Principal Global Investors uses these quantitative tools...