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Financial Asset Management Companies Announce Retirements, Appointments, Conference Calls and Acquisitions - Research Report on Principal Financial Group, Northern Trust, Legg Mason, KKR, and Evercore

Editor Note: For more information about this release, please scroll to bottom.


News provided by

Investors' Reports

Aug 27, 2013, 08:00 ET

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NEW YORK, August 27, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting Principal Financial Group Inc. (NYSE: PFG), Northern Trust Corporation (NASDAQ: NTRS), Legg Mason Inc. (NYSE: LM), Kohlberg Kravis Roberts & Co. (NYSE: KKR), and Evercore Partners Inc. (NYSE: EVR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Principal Financial Group Inc. Research Report

On August 7, 2013, Principal Global Investors, LLC, a global asset manager and a member of the Principal Financial Group Inc. (Principal Financial Group), announced that Larry Post will retire as Chief Investment Officer of Post Advisory Group, a global investment manager founded by Larry Post, effective December 31, 2013. Commenting on his retirement, Larry Post said, "It is time for me to recognize the contribution of the next generation of talent at Post and give them more responsibility. Performance in all of our products has been excellent. At year-end Jeremy Sagi and Henry Chyung will become Chief Investment Officers of their respective product lines, with Henry managing our traditional and high yield plus products and Jeremy managing our short duration products." Jim McCaughan, CEO of Principal Global Investors, who will remain Chairman of the Board of Post Advisory added, "Larry has been at the forefront of the high yield market since the 1970's, and is certainly one of its pioneers. We thank him for his contributions and congratulate him on a successful career." The Full Research Report on Principal Financial Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-22/PFG]

Northern Trust Corporation Research Report

On August 6, 2013, Northern Trust Corporation (Northern Trust) announced the appointment of Andrew Tan as the Head of Investment Risk & Analytical Services (IRAS) in Asia-Pacific. The Company said that in his new role, Andrew Tan will lead the delivery of technology, reporting and consulting services for institutional investors and asset managers in the region. Commenting on the appointment, Teresa A. Parker, Head of the Asia-Pacific region for Northern Trust, stated, "Andrew Tan's talent and experience in risk and consulting will be valuable to clients as he leverages Northern Trust's global resources to create monitoring, reporting and analytics solutions tailored to their specific needs." The Full Research Report on Northern Trust Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-22/NTRS]

Legg Mason Inc. Research Report

On August 13, 2013, Legg Mason Inc. (Legg Mason) announced that it is organizing a luncheon for investors and analysts on September 11, 2013 at 12:30 p.m. in New York City. The Company informed that a full agenda and presentation deck will be made available on Legg Mason's website at approximately noon. Legg Mason further stated that during the luncheon, its senior executives will discuss prospects for the Company's financial performance, including details regarding its business model, expected utilization of the tax shield and other shareholder value drivers. A replay of the call will be available under the Investor Relations section of the Company's website after the completion of the call, beginning at 4:00 p.m. E.D.T, on September 11, 2013, up until 11:59 p.m. on September 25, 2013. The Full Research Report on Legg Mason Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-22/LM]

Kohlberg Kravis Roberts & Co. Research Report

On August 20, 2013, Kohlberg Kravis Roberts & Co. (KKR) announced that it has signed a definitive agreement under which funds advised or controlled by KKR will acquire a significant minority stake in RigNet, Inc., from Cubera. As per KKR, upon the close of the acquisition of 4.75 million shares (subject to customary approvals), it will become RigNet's largest shareholder, holding a 27% stake in the company. Johannes Huth, Member of KKR and Head of Europe, said, "We are investing in a fast-growing global market leader that has created an attractive niche at the intersection of three of our core investment themes: energy, technology, and services." The Full Research Report on Kohlberg Kravis Roberts & Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-22/KKR]

Evercore Partners Inc. Research Report

On August 13, 2013, Evercore Wealth Management, LLC, a subsidiary of Evercore Partners Inc. (Evercore), announced the expansion of its national wealth advisory service with the appointment of Jewelle Bickford as a Partner and Wealth Advisor. According to Jeff Maurer, CEO of Evercore Wealth Management, "We welcome Jewelle to our team. Her role will complement our strategic wealth planning capabilities and she will work closely with our planning and investment professionals across the United States, focusing on family governance, impact investing, and the expansion of our Wise Women events series." The Full Research Report on Evercore Partners Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-22/EVR]

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

www.InvestorsReports.com

SOURCE Investors' Reports

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