Principal GI’s North Asia institutional head departs

Principal Global Investors’ long-standing North Asia head of institutional business development has left the US fund house. Helen Chang had been with PGI since early 2009, and her Hong Kong regulatory licence with the firm ended on November 29. The $735 billion fund house, part of Principal Financial Group, is seeking a replacement, said a spokeswoman. “Principal is committed to serving our clients’ needs and remains focused on expanding our presence across Asia and Greater Chin…