Principal Hires Rank, Hanson to Help Run $7 Billion of Junk Debt
Principal Financial Group Inc. (PFG), the provider of life insurance and retirement products, hired Josh Rank and Matt Hanson to help run a $7 billion portfolio of high-yield assets at the fixed income division.
Rank and Hanson previously worked at the North American investment unit of Aviva Plc, Des Moines, Iowa-based Principal said today in a statement distributed by Business Wire.
To contact the reporter on this story: Zachary Tracer in New York at email@example.com
To contact the editor responsible for this story: Dan Kraut at firstname.lastname@example.org