, chief executive for Asia. 

Prior to the appointment, Fung was the regional sales head for Asia at Old Mutual Global investors, where she led the firm's regional sales and marketing strategies. She also worked for Credit Agricole Asset Management Hong Kong and Baring Asset Management Hong Kong. 

Principal Global Investors currently has 29 funds offered by 10 boutiques. Its total assets under management as at 30 June 2013 is $289.1 billion.