Principal boosts Germany and Austria distribution team

Daniel Maric.

Principal Global Investors has appointed two new team members to focus on distribution assets in Germany and Austria.

Daniel Maric will lead institutional sales in Germany and Austria while Gottfried Hörich has joined as managing director to lead the distribution team in both countries.

Maric, who will report to Hörich, will work closely with Principal Real Estate Europe management to align investment solutions with institutional investor needs across a variety of traditional and specialist sectors.

Gottfried Hörich.

Gottfried Hörich has joined the company’s global asset management business as a managing director to lead the distribution team for the firm’s German and Austrian client-base. Hörich is responsible for enhancing strategic relationships in the two markets to help deliver innovative products and solutions to clients of Principal Global Investors Europe.

Hörich has joined Principal from Insight Investment where he led business development in Germany and Austria. He has more than 20 years’ experience in asset management, including more than 10 years working with JP Morgan Asset Management in Frankfurt.