NH Retirement System pulls $239M investment over crude remarks
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The New Hampshire State Retirement System is ending its relationship with Fisher Investments, and investing the $239 million that Fisher had managed with other firms.
The retirement system joins a growing group of institutions terminating their relationships with the fund after its founder made lewd remarks at a conference earlier this month.
The retirement system provides retirement, disability, and death benefits to thousands of state workers and local government employees, including teachers, police and firefighters.