October 22, 2019 / 4:34 PM / a month ago

Top pension consultant NEPC recommends terminating Fisher, pension fund says

BOSTON, Oct 22 (Reuters) - Top pension consultant NEPC recently issued a client recommendation to terminate Fisher Investments, the New Hampshire Retirement System said on Tuesday.

The system’s independent investment committee voted Tuesday to terminate Fisher Investments, which manages about $239 million for the organization. In a statement the system said recent comments by firm founder Ken Fisher “bring into question Mr. Fisher’s judgment.” (Reporting by Ross Kerber)

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