Principal Financial Group Inc. has released a transcript of their First Quarter 2025 Financial Results Conference Call. The event was attended by key executives, including CEO Deanna Strable, Interim CFO Joel Pitz, and Presidents Kamal Bhatia, Amy Friedrich, and Chris Littlefield. Analysts such as Jimmy Bhullar from JPMorgan Securities and Joel Hurwitz from Dowling & Partners were also present. During the call, Deanna Strable addressed the challenging market conditions, stating, "We are operating in a market that is incredibly dynamic. Policy shifts and uncertainties surrounding the market outlook have contributed to a more cautious investor tone and heightened focus on resilience." She highlighted the extreme volatility experienced in April, which has impacted the company's fee revenue in retirement and asset management, and cautioned that "we expect market volatility to persist making upcoming quarters more difficult to predict." The full transcript can be accessed through the link below.