Florida’s Broward Health pulls $93 million from Ken Fisher
1
Broward's board to seek new partner for its pension and investment assets.
The Broward Health system in South Florida, responding to lewd comments made by money manager Ken Fisher, pulled the $93 million it has invested with his firm.
The board voted Wednesday to terminate its association with Mr. Fisher’s company and seek a new partner for its pension and investment assets.
[Recommended video: Planners want Reg BI to set them apart from the competition]
Broward Health joins an array of state and city, as well as fire and police, pension groups that have abandoned Fisher Investments in the wake of his remarks on Oct. 8. More than $3.1 billion has been divested from the firm since then.
The health system includes several hospitals and urgent care clinics and has more than 8,200 employees.
Learn more about reprints and licensing for this article.
