October 25, 2019 / 2:34 PM / 20 days ago

Goldman Sachs will drop Fisher Investments unit from fund

BOSTON, Oct 25 (Reuters) - Goldman Sachs Group Inc became the latest large investor to drop Fisher Investments after allegedly sexist remarks by firm founder Ken Fisher, according to a regulatory filing on Friday.

The filing states Fisher's asset management unit will no longer be a subadviser to the Goldman Sachs Multi-Manager Global Equity Fund, effective on or around Oct. 31.

Reporting by Ross Kerber; Editing by David Clarke

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