(Bloomberg) — Chicago’s police pension fund, responding to lewd comments made by money manager Ken Fisher, has decided to pull about $67 million it has invested with his firm.The Policemen’s Annuity and Benefit Fund of Chicago decided Monday to terminate its business with Fisher Investments, according to an email.An array of institutional investors and firms — from Goldman Sachs Group Inc. to the Boston Pension Board — have divested about $3.9 billion from Fisher after his Oct. 8 remarks. Since then, Fisher, who has apologized for his comments, has embarked on an advertising campaign to counter negative coverage of the …read more
Source:: Yahoo Finance
