Financial news

SE: Ken Fisher Clients Yank More Than $2B After Lewd Comments

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Bloomberg Markets & Finance via Youtube

Oct.23 — This week New Hampshire’s state pension pulled its $239 million invested with Ken Fisher, bringing the total amount divested from the billionaire’s firm to more than $2 billion. The move by the New Hampshire Retirement System comes after Fidelity Investments and several pensions withdrew their money after Fisher made lewd comments at an industry conference. Bloomberg’s Sabrina Willmer and Scarlet Fu discuss the recent client withdrawals and sales culture at Fisher Investments.

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