Egor Rybakov was named international equity portfolio manager at Edge Asset Management, an affiliate of Principal Global Investors, confirmed Principal spokesman Adam Lackey.
It is a new position, Mr. Lackey said.
Mr. Rybakov’s hiring marks Edge’s entry into international equity management, according to an Edge news release.
Mr. Rybakov was an international equities portfolio manager for Pacific Income Advisers. Robin Campbell, a Pacific Income Advisers spokeswoman, could not be reached for comment about the vacated position.
Edge has $18.3 billion in equity and fixed-income assets under management.