Management

Mustafa Sagun
Chief Investment Officer

Mustafa Sagun

Chief Investment Officer

Mustafa is chief investment officer for Principal Global Equities. He is responsible for overseeing portfolio management and research for all international, domestic, and global equities strategies. Mustafa has managed global equity portfolios since 2002 and has also served as a member of the firm's asset allocation strategy team. He joined the firm in 2000 and has been in the financial services industry since 1991. Prior to his current role, Mustafa was a vice president and analyst for PNC Financial Services Group and an equity derivatives specialist for Salomon Brothers. Mustafa received a Ph.D. in finance and a MA in international economics from the University of South Florida. He received a bachelor's degree in electrical and electronics engineering from Bogazici University of Turkey. Mustafa has earned the right to use the Chartered Financial Analyst designation and is a member of the CFA Institute and the CFA Society of Iowa.

Christopher Ibach
Portfolio Manager

Christopher Ibach

Portfolio Manager

Chris is a portfolio manager for Principal Global Equities. He leads the global large-cap team which encompasses global, international and U.S. strategies. Chris is also a key contributor to the firm’s research and development efforts, including model development for the firm’s proprietary GRP stock selection models, portfolio construction, and risk management. He joined the firm in 2000 as an equities research analyst, specializing in the analysis of international technology companies and became portfolio manager in 2002. Previously, Chris gained six years of related industry experience with Motorola, Inc. He received an MBA in finance and a bachelor's degree in electrical engineering from the University of Iowa. Chris has earned the right to use the Chartered Financial Analyst designation and is a member of the CFA Institute.

Xiaoxi Li
Portfolio Manager

Xiaoxi Li

Portfolio Manager

Xiaoxi is a portfolio manager for Principal Global Equities. He serves as a portfolio manager for traditional, unconstrained, value/income and specialty global mandates Xiaoxi is also a key contributor to the firm’s research and development efforts, including model development for the firm’s proprietary Global Research Platform, portfolio construction, and risk management analytics. Xiaoxi joined the firm in 2006. Previously, Xiaoxi was a senior manager with Hantang Securities Co., Ltd., Beijing. His background also includes a position as a portfolio manager with Yinjian Industrial Co., Ltd., Beijing. He received an MBA from Duke University, a master's in accounting from Beijing Technology and Business University and an undergraduate degree in accounting from the University of International Business and Economics. Xiaoxi is a Financial Risk Manager charterholder, and is a member of the Global Association of Risk Professionals. He has earned the right to use the Chartered Financial Analyst designation and is a member of the CFA Institute.