#INVESTMENTS?? UGH! #KEN_Fisher made #derogatory comments about #genitalia, #picking_up_girls and financier #Jeffrey_Epstein, among other topics. #Epstein committed suicide in August while in jail awaiting trial on #sex #trafficking_charges.
BOSTON (Reuters) - #Fidelity_Investments has dropped #Fisher_Investments as a money manager, a Fidelity spokesman said on Monday, the latest in an accelerating series of withdrawals from the firm over #allegedly #sexist #comments by its leader, #KennethFisher.
Fisher had managed $500 million in the $8 billion Fidelity Strategic Advisers Small-Mid Cap Fund , a mandate the Boston firm said last week was under review.
Since then a set of public pension funds also #pulled #money from Fisher, including funds in #Iowa and in the cities of #Boston and #Philadelphia, bringing total withdrawals to around $1.8 billion. Other systems have Fisher under review including in #Florida and #Los_Angeles.
Fisher did not immediately respond to a request for comment.
https://finance.yahoo.com/news/1-fidelity-drops-fishers-money-174407515.html
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