Principal Asset Management
Michael Shanks is a Managing Director at Principal Global Investors, overseeing a $4.0 billion portfolio of equity real estate investments, funds, and high-yield debt since September 2006. With a career that includes progressive roles as Portfolio Manager and Assistant Portfolio Manager, Shanks significantly contributed to portfolio growth, increasing its size by 50% and nearly doubling earnings since 2007 through innovative forecasting tools. Prior to this, Shanks worked as a Sr. Financial Analyst at Equity Office Properties, where valuation analysis was completed for over $2 billion in office transactions, and as an Asset Manager at Principal Global Investors, managing a $550 million portfolio. Shanks holds a Bachelor of Science degree in Finance and Economics from Iowa State University.
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