Newton Investment Management partners with Cambridge University for long-horizon investing
Cambridge University Judge Business School’s Centre for Endowment Asset Management has entered into a five-year partnership with Newton Investment Management, part of BNY Mellon to extend its research and educational efforts in the area of long-horizon investing.
The centre’s plans include the seventh iteration of the Endowment Asset Management programme – an annual three-day forum held at Cambridge University, which brings together practitioners and academics with an interest in long-horizon investing.
In March 2015, the programme will, for the first time, include sovereign wealth funds alongside foundations, charities, endowments and family offices from around the world.
The centre aims to continue publishing in the world’s most highly rated academic and practitioner journals. There is also a commitment to developing case studies of leading long-term investors to be used for interactive classroom teaching.
Other activities include a biennial academic conference run in collaboration with the Vienna University of Economics and Business and supported by the POK Pühringer Foundation, and an annual research prize awarded in conjunction with the Commonfund Institute.
Commenting on the new support arrangement and her firm’s partnership with Cambridge, Newton Chief Executive, Helena Morrissey CBE, said: “Newton has been a long-term supporter of the Centre for Endowment Asset Management. 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.”
Centre chairman, Professor Elroy Dimson, explained that: “The partnership with Newton will reinforce Cambridge University’s ongoing collaboration with practitioners, academics and organisations that take a long-term view of investment. Under the leadership of founding Academic Director Dr David Chambers, the Centre will be a global focus for research and education among academic institutes, asset owners and investment professionals.”