Newton and Cambridge Uni to research long-term investing

Newton Investment Management has agreed a five-year partnership with Cambridge University to extend its research into long-term investing.

The group said it had long supported the Centre for Endowment Asset Management at Cambridge University Judge Business School but had pledged extended backing to allow research into long-term investing to continue.

Helena Morrissey, Newton chief executive, said: “We share the centre’s commitment to helping long-horizon investors make appropriate investment decisions.

“We look forward to collaborating with Professor Elroy Dimson and his team, and furthering the understanding of investment decisions and their impact on institutional returns. This underlines our commitment to the not-for-profit and charities sector.”

Ms Morrissey said the company believed in the link between academic research and the potential for “long-term value creation through birdging the gaps between research, practice and policy”.

“This complements the centre’s aim of furthering academic knowledge and practitioner understanding of key themes linked to long-term investing,” Ms Morrissey said.

As well as the opportunities and challenges for long-horizon investors, the centre’s agenda includes historical perspectives on current investment concerns and research on responsible investment strategies.

Professor Dimson, the centre’s chairman, said the centre, to be renamed the Newton Centre for Endowment Asset Management, would be a “global focus for research and education among academic institutes, asset owners and investment professionals”.