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Michael Goosay joins Principal® as managing director of global fixed income

09 Aug 2023
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Michael Goosay

Principal Asset Management has announced that Michael Goosay has joined the firm as managing director of global fixed income and portfolio manager on select strategies.

Goosay will build upon the firm’s focus on multi-sector fixed income investment strategies and solutions to meet a wide range of personalised investor objectives. The fixed income platform (AUM of $135.7 billion1) has capabilities which span all major fixed income sectors with investment centers worldwide and over 110 investment professionals.

“Michael’s experience, leadership, and creativity will further bolster our already strong global fixed income capabilities. We look forward to his leadership and overall contribution in helping best serve our clients worldwide,” said Kamal Bhatia, global head of investments, Principal Asset Management.

Michael Goosay added: “I am proud to join Principal Asset Management as managing director of global fixed income. I look forward to building upon the firm’s robust fixed income capabilities to advance client investment objectives by tailoring the right strategies to achieve them.”

Goosay will take on leadership responsibilities across the platform. This includes being named as a portfolio manager on Principal Fixed Income’s flagship short-term income, core, core plus and US/global multi-sector strategies and associated products. The firm will continue to leverage time-tested investment processes and proprietary investment tools. The objective and investment philosophy of any impacted strategies will remain unchanged.​

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