Fisher Investments withdrawals exceed $2 billion as New Hampshire pension plan exits

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The New Hampshire Retirement System voted unanimously on Tuesday to terminate its relationship with Fisher Investments, pulling $239 million in assets. The plan is the sixth institutional client to leave since Ken Fisher made lewd comments at a conference on Oct. 8.

"The recent statements made by Ken Fisher, the founder and chairman of Fisher Investments, are not only offensive and inappropriate, they are incompatible with the values of the retirement system and bring into question Mr. Fisher's judgment," the New Hampshire Retirement System said in a written statement.

NEPC, a Boston-based investment consultant for the New Hampshire plan, had also recommended that its clients end its relationship with Fisher. CNBC obtained an audio recording of Fisher's comments at the Tiburon CEO Summit, as well as audio of him speaking at a previous conference.

 

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He is a complete bullshitter. More to come.

Darla_Mercado I hope he has a big ' annuity '!

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