Fisher Investments loses Chicago police pension; total losses now exceed $3 billion
The Policemen’s Annuity and Benefit Fund of Chicago severs ties with Fisher Investments, pulling $67 million.
In all, more than $3 billion in assets have left the company since Ken Fisher’s lewd comments at a conference on Oct. 8.Kenneth Fisher, founder, chairman and chief executive officer of Fisher Investments, speaks during a television interview in New York, May 10, 2010.The Chicago police pension fund is ending its $67 million relationship with Fisher Investments.
The Policemen's Annuity and Benefit Fund of Chicago joins a number of institutional investors that have cut ties with the Camas, Washington-based asset manager following sexist comments billionaire founder Ken Fisher made at a conference on Oct. 8. There, he likened winning new clients toThe Windy City's police pension fund has about $2.6 billion in total assets as of Oct. 30.
Fisher Investments has lost more than $3 billion in assets as government pensions and other institutional partners have left.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NYX’s Black Friday Freebies and Epic Markdowns Are Worth the Hype: EXCLUSIVE.NyxCosmetics just announced their BlackFriday deals, and we've got the exclusive details right here:
Read more »
Boeing shareholders are suing the board, alleging 'careless' handling of the 737 Max development and the crisis that followedThe lawsuit claims that Boeing faces a 'loss of credibility in the marketplace, a damaged reputation and billions in potential business costs.'
Read more »
UBS US wealth management tracking to triple adviser recruits: memo - Business InsiderUBS memo highlights big new financial adviser teams and a jump in recruiting through 2019 — though its US adviser headcount has been shrinking
Read more »
Hacked Disney+ accounts are reportedly being sold for as little as $3Hours after Disney+ was launched, hackers stole user accounts and were either offering them for free on hacking forums or selling them for prices varying between $3 to $11, news site ZDNet reported.
Read more »
Emirates orders 50 Airbus A350 jets worth a total $16 billionEmirates has ordered 50 Airbus A350 jets, the Dubai state-owned airline announced at the Dubai Air Show on Monday.
Read more »
Wonder Woman, Batman renew call to release the 'Snyder Cut' of 'Justice League''Justice League' stars Ben Affleck, Gal Gadot and Ray Fisher along with director Zach Snyder stoke renewed interest in the release of the director's cut of the 2017 film.
Read more »