Principal Mutual Fund appoints Pankaj Jain as Fund Manager – Fixed Income

FOR IMMEDIATE RELEASE
Indore, Madhya Pradesh, India, Republic of (Free-Press-Release.com) January 18, 2012 -- Principal Mutual Fund appoints Pankaj Jain as Fund Manager – Fixed Income

Mumbai: Principal Mutual Fund has announced the appointment of Mr. Pankaj Jain as Fund Manager – Fixed Income at Principal Mutual Fund.

In his previous stints, Pankaj has worked with State Bank of India as a Cross Currency Trader, Edelweiss Securities, Edelweiss Mutual Fund and most recently as Fund Manager, Debt at Taurus Mutual Fund. He holds a Bachelor’s degree in Engineering from Nagpur University and a PGDM Finance from IIM, Bangalore.

Speaking on his appointment, Mr. Rajat Jain, Chief Investment Officer, Principal Mutual Fund said “We are glad to have Pankaj in the fixed income team and his experience and insights would further strengthen our fixed income offerings”.


About Principal Mutual Fund:
Principal Mutual Fund is sponsored by Principal Financial Services Inc. USA through its wholly owned subsidiary, Principal Financial Group (Mauritius) Limited, with Punjab National Bank and Vijaya Bank as its co-settlors.

For the quarter ended 31st December 2011, the average Assets under management was Rs 3,549 crores with around 7.85 lac investors (on the basis of live folios). Principal Mutual Fund serves its clients from about 100 locations across the country through its branches or investor service centres

For further information, please contact:
Atul Malikram
9827092823

Principal Mutual Fund