The death of DEI is exaggerated, says fund manager targeting Starbucks and Nike - MarketWatch

1. DEI policies still exist in many S&P 500 companies, contrary to perceptions. 2. Azoria Partners plans funds excluding firms with DEI hiring quotas. 3. Companies like Nike and Kraft Heinz may be negatively affected by the fund. 4. Fund strategy claims better past performance without DEI-focused firms. 5. Fishback is actively engaging in politics and economic reforms aligning with conservative values.