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    Principal eyes huge pension potential

    By Zhong Nan in Dalian, Liaoning | China Daily | Updated: 2017-07-04 07:45

    Joint venture is the sixth-largest fund management company in nation

    Principal Financial Group, the Iowa-based pension, insurance and asset management service provider, hopes to become a shareholder in China's pension business after gaining 12 years of experience in asset management in the country, said its senior executives.

    The group has worked with State-owned China Construction Bank on the CCB-Principal Fund Management since 2005.

    Principal eyes huge pension potential

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