Fidelity pulls $500M from Fisher as big clients flee

By
-
FIDELITY HAS PULLED $500 million from Fisher Investments after the firm’s founder Kenneth Fisher made offensive comments about women at a conference. / BLOOMBERG NEWS FILE PHOTO/GILLIANNE TEDDER
FIDELITY HAS PULLED $500 million from Fisher Investments after the firm’s founder Kenneth Fisher made offensive comments about women at a conference. / BLOOMBERG NEWS FILE PHOTO/GILLIANNE TEDDER
NEW YORK – Fidelity Investments Inc. is pulling the $500 million it has invested with Ken Fisher’s investment firm, according to people familiar with the matter. The move by the mutual fund giant is part of a growing exodus of big clients in the wake of vulgar comments made by Fisher at an industry conference.…

Thanks for reading Providence Business News. Create your free account or log in to continue reading.


Register Now Already a Subscriber? Login now


 

If you have already logged in and are still seeing this message, please refresh the page as your browser is caching the old content.

- Advertisement -

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

RELATED ARTICLESMORE FROM AUTHOR