Fisher Investments Suffers Redemptions From Some Small Pensions

Kenneth Fisher, chief executive officer of Fisher Investments.

Photographer: Gillianne Tedder
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Small pensions are joining the flight from Fisher Investments.

The Westfield Retirement Board in Massachusetts voted unanimously Thursday to end its relationship with Fisher investments, pulling $4.3 million. The retirement fund of the University Hospitals Health System in Cleveland told Fisher on Oct. 18 that it was pulling its $26.3 million.