A good partner is key to success

Principal Financial Group aims to help Chinese people invest for the long term

Dan Houston, chairman and CEO of global financial investment management company Principal Financial Group, believes a good leader should always be present rather than become a presider. Therefore, he spends a lot of time every year traveling around the world to work directly with his international teams.

PFG started businesses in China in 2005, setting up a joint venture asset management company with China Construction Bank. CCB Principal Asset Management Co Ltd is now the sixth biggest fund management company in the country.