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Ross Kerber

Fallout from money manager Kenneth Fisher's remarks tops $1 billion in lost assets

19 Oct 2019

BOSTON Fallout from Kenneth Fisher's alleged insensitive remarks about women escalated on Friday when a large Iowa pension plan cut ties with the money manager, whose firm has lost more than $1 billion in assets under management in the last week.

UPDATE 2-Fallout from money manager Kenneth Fisher's remarks tops $1 bln in lost assets

19 Oct 2019

BOSTON, Oct 18 Fallout from Kenneth Fisher's alleged insensitive remarks about women escalated on Friday when a large Iowa pension plan cut ties with the money manager, whose firm has lost more than $1 billion in assets under management in the last week.

Members of Los Angeles pension board ready to drop money manager Ken Fisher

17 Oct 2019

BOSTON Commissioners of a $23 billion Los Angeles fire and police pension fund are ready to drop the firm of money manager Kenneth Fisher, who is under fire for allegedly making insensitive remarks about women.

Boston pension votes to fire money manager Fisher, withdrawals surge toward $1 billion

17 Oct 2019

BOSTON The City of Boston's retirement board on Wednesday voted unanimously to end its relationship with money manager Kenneth Fisher, whose firm has lost almost $1 billion in assets after allegations he made disparaging remarks about women last week.

Fidelity criticizes money manager Fisher, who loses Philadelphia as client

16 Oct 2019

BOSTON Fidelity Investments on Tuesday said it was reviewing its relationship with money manager Ken Fisher while Philadelphia's board of pensions terminated its business with his firm after he allegedly made disparaging remarks about women last week.

CORRECTED-UPDATE 1-Fidelity to review ties with money manager after 'inappropriate' comments

15 Oct 2019

BOSTON, Oct 15 Fidelity Investments criticized money manager Kenneth Fisher on Tuesday over what it called inappropriate remarks he made at an investment conference last week, saying it was reviewing the $500 million Fisher's firm manages for the mutual fund giant.

Special Report - Index funds invest trillions but rarely challenge management

08 Oct 2019

Index funds now control half https://tmsnrt.rs/2Mhmc6L the U.S. stock mutual fund market, giving the biggest funds enormous power to influence decisions and demand better returns at the companies in which they invest trillions of dollars.

Biggest U.S. index funds oppose most climate proposals in shareholder votes

09 Oct 2019

The far-reaching impacts of climate change on companies have investors pressing corporate leaders for action to minimize environmental damage and to maximize disclosure of risks to their businesses. The threats range from more frequent floods or wildfires that imperil major assets to regulations that could undermine profits.

Chasing Chinese consumers, Tiffany CEO sends top bling abroad

03 Oct 2019

BOSTON Tiffany & Co is sending more of its priciest jewelry to mainland China to reach consumers kept at home by a weak currency, Chief Executive Alessandro Bogliolo said on Thursday.

Fidelity fund's big bet on Juul looms large amid controversy

26 Sep 2019

BOSTON Juul Labs Inc has become one the biggest bets in the portfolio of Fidelity’s $28 billion Blue Chip Growth Fund, whose exposure to the troubled e-cigarette maker has climbed to $761 million amid a regulatory backlash and departure of its top executive.

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