FYI: (This Is A Follow-Up Article.)
The State of Michigan Retirement Fund’s pension account, worth more than $70 billion, ended its relationship with the investment firm of Ken Fisher in the latest backlash to offensive remarks the billionaire made this week at a conference.
Fisher has apologized for sexist and off-color remarks he made at the Tiburon CEO summit in San Francisco, but it hasn’t stopped the outrage.
The $112 billion Fisher Investments was responsible for managing $600 million in retirement funds for Michigan, and has been associated with the state body for about 15 years.
Regards,
Ted
https://www.bloomberg.com//news/articles/2019-10-12/michigan-pulls-600-million-from-ken-fisher-after-lewd-remarks?srnd=markets-vp
