US affirmative action ruling casts doubt on Asian DEI efforts

The recent decision by the United States Supreme Court to strike down positive discrimination programmes used in education to provide equal opportunities to minorities appears set to send a chill through the diversity, equity and inclusion (DE&I) policies of asset owners, managers and portfolio companies not only in the US but also in Asia. “The affirmative action decision from the Supreme Court applies to education admissions, but the same concepts are probably going to be a…