FILE PHOTO: Columnist and Investor Ken Fisher speaks to Reuters in New York, April 14, 2010. REUTERS\/Brendan McDermid\/File Photo<\/span><\/p>\n<\/figcaption><\/div>\n<\/div>\n BOSTON (Reuters) – Fisher Investments founder Ken Fisher said there will be no lay-offs at his Washington state investment firm despite some $3 billion in withdrawals by pension funds and others over allegedly sexist remarks he made at an investor conference. <\/p>\n In a local newspaper column published late on Friday, Fisher wrote that most of the firm is growing based on business from high net worth individuals, retirement savings plans and foreign institutions. <\/p>\n He wrote that growing revenue in those areas more than makes up for high-profile withdrawals from state and local pension plans and other clients. The withdrawals totaled more than $3 billion as of Friday as systems in Texas, California and elsewhere withdrew money. <\/p>\n Fisher wrote, \u201cThe withdrawal of several billion dollars, however, does not reflect a firm, in our instance, that has any sustainability problems.\u201d <\/p>\n Fisher Chief Executive Damian Ornani said last week the firm had about $114 billion in total assets and also said the firm was stable. <\/p>\n Fisher\u2019s column appeared on the website of the Camas-Washougal Post-Record, which serves cities near Portland, Oregon. It states that Fisher\u2019s Camas-based firm is the city\u2019s largest employer, with 1,750 local employees. <\/p>\n According to an attendee at a San Francisco conference on October 8, Fisher made derogatory remarks about genitalia and picking up girls, among other topics. After a public backlash, Fisher apologized in a memo to his firm\u2019s employees and to the public. <\/p>\n He reiterated the apology in the newspaper column, calling his remarks \u201cclumsy and inappropriate\u201d and writing that \u201cThey will not reoccur again ever in any form.\u201d <\/p>\n