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文章

2019年11月7日

作者:
Darla Mercado, CNBC

Individual investors pulled $20 million from Fisher Investments following billionaire’s sexist comments

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Individual investors at Fisher Investments transferred $20 million from the firm the week after the billionaire made lewd comments at a conference... Thus far, more than $3 billion in institutional assets have left the... firm... However, individual clients so far have held fast... Private and retail clients have been “largely unconcerned,” said Jill Hitchcock, senior executive vice president — private client group at Fisher, in the Mercer note. Approximately 1% of those clients contacted raised concerns, with about $20 million in lost assets as a result... “To date, less than one percent of our private/retail clients have contacted us in relation to this matter,” said John Dillard, senior vice president and director of global public relations at Fisher.

... [T]he firm published a full-page advertisement in The New York Times, touting the number of women working at the advisory firm. “Over 800 women strong, with women leading 63% of employees,” the ad said. The firm also started a website featuring testimonials from women who work there... Fisher’s pension clients surprised many industry observers with their rapid move to divest, as retirement plan fiduciaries must show they underwent a prudent process before hiring or firing managers.

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