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Principal Global Investors has appointed Mihail Dobrinov as head of the emerging market equities team.

Dobrinov (pictured) is responsible for the management of USD9.3bn in assets, including portfolio management of the USD1.62bn Principal International Emerging Markets fund and USD1.8bn in Asian regional mandates.

“We are pleased to announce Mihail as the new lead of the emerging market equities team,” says Barb McKenzie, executive director – chief operating officer at Principal Global Investors. “He is ideally suited to this new role, with 17 years of emerging markets investment experience with Principal Global Investors. He remains well versed in our time-tested, globally integrated investment process and research platform.”

Dobrinov joined Principal Global Investors in 1995 as an international and emerging market debt and currency specialist. He joined the equities team in 2002 and has served as a portfolio manager for emerging markets equities since 2007. He replaces Michael Reynal, who has left the firm. For the last several years, Dobrinov and Reynal have been co-portfolio managers on most of the assets managed by the emerging market equities team, and Dobrinov continues in that capacity.

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