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Ken Fisher, founder and chairman, Fisher Investments. Photographer: Gillianne Tedder/Bloomberg Ken Fisher (Photo: Gillianne Tedder/Bloomberg)

An Iowa pension group is joining other organizations and pulling its assets out of Fisher Investments roughly a week after Chairman Ken Fisher made lewd remarks at an industry event.

With the move by Iowa Public Employees’ Retirement System to divest $386 million and a similar step by Air Products & Chemical, the total amount of redemptions from Fisher Investments has topped $1.3 billion, according to a Bloomberg report

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