Investing in high quality MidCap companies that are managed by owner-operators. Our long-term, bottom-up approach has historically delivered consistent outperformance over full market cycles.
Our MidCap Equity strategy has been implemented with the same process and philosophy since 1999, when our chief investment officer Bill Nolin, CFA took over management of Principal’s MidCap portfolios. We invest in MidCap companies that possess sustainable competitive advantages and owner-operator management teams, and we keep a constant focus on valuation and risk reduction.
This disciplined approach has provided superior risk-adjusted returns over market cycles, results that have been recognized by Morningstar, Lipper, and Bloomberg, among others (link to awards page).
Please see the link below for additional information.