Ken Fisher Client Pulls $30 Million in Backlash
- Fisher Investment clients have divested more than $1.3 billion
- Boston, Philadelphia and Michigan among pensions to divest
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The Iowa Public Employees’ Retirement System is yanking the $386 million it has invested with Ken Fisher after the billionaire made vulgar comments at an industry conference.
The move brings the total amount divested from Fisher Investments to more than $1.3 billion. Air Products & Chemical Inc. said earlier Friday that it was pulling $30 million from Fisher.