Binay Chandgothia

Principal Asset Management Co. (Asia) Ltd. (PAM) is the wholly-owned, Hong Kong-based investment management subsidiary of Principal International (Asia) Ltd., ultimately held by Principal Financial Group, Inc. (NYSE: PFG), an American global financial investment management and insurance company headquartered in Des Moines, Iowa. Founded in 1997, PAM provides investment advisory services to institutional investors and offers a range of funds that include equity, fixed income, mixed assets, and money market vehicles to pension and retail investors.

Principal Global Investors (Asia) Ltd. (PGI-HK) is the asset management subsidiary of Principal Global Investors LLC, ultimately owned by Principal Financial Group, Inc. (NYSE: PFG) in the US. Headquartered in Hong Kong, PGI-HK was founded in 2013 to provide investment management services to Hong-Kong-based individual and institutional clients, particularly pension funds.