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Posted on: Oct. 25, 2019, 5:31 p.m.
The state pension fund of Texas is pulling $350 million from Fisher Investments as more investors flee the firm following vulgar comments from its founder. “With respect to our fiduciary duty, we are defunding Fisher Investments,” the pension said in a statement Friday. Fisher had served as an external manager in the international equities portfolio with $350 million under management as of Sept. 30. The move by the Employees Retirement System of Texas brings the total reported withdrawals from Fisher ... Full investment news articleRelevent to this post: Los Angeles Fire and Police Pension System Employees Retirement System of Texas,