The changes most didn’t see coming

An interview with Dr Bob Baur, chief global economist at Principal Global Investors.

Based in Des Moines, Iowa, and founded in 1879, Principal is a venerable US asset manager with more than $US625 billion in assets, including more than $US400 billion managed by its investment division Principal Global Investors.

The firm’s chief global economist Dr Bob Baur paid a visit to Australia this month to attend an economic conference, and while here he popped into several of our big super funds, including HESTA and Cbus, as well as the Federal Government’s Future Fund.

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