Tyler to manage Principal LifeTime Funds
Principal Funds, a subsidiary of Principal Financial Group Inc., has hired Jeff Tyler as portfolio manager for Principal LifeTime Funds, effective March 1. Tyler will have primary responsibility for the target-date fund series. With assets totaling $17.6 billion, Principal LifeTime Funds are the fourth-largest target-date fund offering in the industry. Tyler has 30 years of experience in the financial services industry, with 21 of those years at American Century Investments. Principal Funds ranks No. 3 based on one-year performance and No. 7 based on 10-year performance.
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