FYI: (This Is A Follow-Up Article.)
I have given a lot of talks, a lot of times, in a lot of places and said stuff like this and never gotten that type of response,’ Fisher said initially
But now it’s starting to hit home. On Wednesday, the City of Boston pulled about $248 million in pension funds from Fisher Investments.
Earlier: Wealth manager Ken Fisher apologizes after backlash for off-color comments
Previously, Michigan’s state pension fund pulled about $600 million, and Philadelphia divested about $54 million. The exodus may not be over. Reuters reported that the city of Los Angeles was also re-considering its relationship with Fisher.