Principal ranks with Barron’s
Principal Financial Group Inc.’s mutual funds have scored third in the annual Barron’s/Lipper ranking of mutual fund families. Barron’s said Principal did well in mixed equity and world equity. Barron’s also noted that Principal “hasn’t historically been among our leading performers.” On the other hand, Principal finished seventh on the Barron’s/Lipper 10-year rankings. Principal Management has $78.7 billion in assets, Barron’s said.
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