FundFire, June 16: The best asset managers have been taking action ahead of federal legislation, says Cornerstone Capital Group founder and CEO Erika Karp. This Supreme Court ruling will have a greater effect on those companies that have more of a culture of compliance rather than an inclusive company culture, she says. Firms with a culture of compliance will learn to be more careful while inclusive institutions have already changed and are “transforming the world,” she says.

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