06.10.2015 - Principal Hires World Bank's Antoncic for Sovereign Wealth
Principal Global Investors, the asset manager that oversees about $346 billion, hired Madelyn Antoncic as executive director of institutional investment solutions. Antoncic previously worked as treasurer for the World Bank where she oversaw $140 billion in assets, including holdings for sovereign wealth funds, central banks and pension funds, according to a statement Monday from the unit of Principal Financial Group Inc. She will seek to build relationships with such institutions for PGI in her new role, according to the statement. Antoncic will be based in New York and report to PGI Chief Executive Officer Jim McCaughan...............................................Full Article: Source
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