Fisher Investments pension losses hit $1.3 billion as Iowa yanks $386 million

Fisher Investments pension losses hit $1.3 billion as Iowa yanks $386 million

Kenneth Fisher, chief executive officer of Fisher Investments, speaks at the Forbes Global CEO Conference in Sydney, Australia, on Tuesday, Sept. 28, 2010.
Gillianne Tedder | Bloomberg | Getty Images

The Iowa Public Employees Retirement System is terminating its relationship with Fisher Investments, pulling $386 million from the asset manager.
The Iowa plan, which holds $34 billion in total…

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