Principal Global Investors, a leading US-based global asset
manager with some $230 billion of assets under management and a
member of the Iowa-headquartered Principal Financial Group, is
acquiring a majority stake in Finisterre Capital, the
fast-growing and well-performing London-based emerging markets
"Finisterre Capital is a top-class emerging markets
fixed-income specialist with a strong investment performance
track record," said Jim McCaughan, chief executive officer of
Principal Global Investors.
"We are excited about the opportunity to help the business
develop further and expand our...