Robert Forsyth's Exciting Role at Lazard Asset Management's ETF Team
Robert Forsyth Appointed as Global Head of ETFs at Lazard
Lazard Asset Management is thrilled to announce a significant enhancement to its leadership team with the appointment of Robert Forsyth as Managing Director and Global Head of ETFs. With his extensive expertise and proven track record, Forsyth will be instrumental in driving the growth and innovation of Lazard's active ETF platform from their New York headquarters.
A Vision for Active ETFs
Robert Forsyth brings with him over two decades of experience in the ETF landscape, having previously served as Global Head of ETF Strategy at State Street Global Advisors. His journey has been marked by leadership roles that spanned product development, investment strategy, and sales across a substantial $1 trillion ETF business. Forsyth's insights and experience are set to be invaluable as Lazard Asset Management aims to expand its suite of investment strategies.
CEO's Perspective
Evan Russo, the CEO of Lazard Asset Management, expressed enthusiasm about Forsyth's appointment, stating, "Lazard has been a leader in active strategies for many years, providing clients with products designed to generate alpha. We are committed to evolving and expanding our offerings, and Rob’s leadership will be paramount in achieving this goal. His profound industry knowledge and ability to cater to diverse investors will undoubtedly strengthen our position in the market."
Building the Active ETF Platform
In his new role, Forsyth is set to collaborate closely with Jennifer Ryan, who heads North American Distribution, as well as the wider leadership team at Lazard. His focus will be on refining and developing a platform that not only meets investor needs but also enhances the collective investment offerings of the firm. Forsyth notes, "The opportunity to join Lazard is phenomenal. The strength of the Lazard brand, alongside its top-tier investment products and global reach, will allow us to serve clients better with sophisticated exchange-traded products."
Recent Innovations in ETFs
As part of its strategic initiatives, Lazard Asset Management recently launched its inaugural ETF product, the Lazard Global Listed Infrastructure Active ETF, designed specifically for Australian investors. This launch serves as a foundation for further ETF developments in the United States, highlighting Lazard's commitment to expanding its footprint in the ETF market.
Strategic Expansion and Growth
This hiring reflects Lazard’s broader strategy to bolster its ETF platform and signifies its ongoing dedication to evolving investment solutions. The firm aims not only to maintain its reputation for active U.S. investment strategies but also focuses on global, international, and emerging market strategies to meet increasing demand from its worldwide clientele.
The addition of Forsyth to the team signals a proactive approach towards responding to the evolving market landscape and the growing interest in active management within ETFs. As Lazard Asset Management continues to innovate, the firm remains committed to driving superior results for its clients.
About Lazard Asset Management
Founded in 1848, Lazard is recognized as a premier global financial advisory and asset management firm. Operating across key regions, including North and South America, Europe, the Middle East, Asia, and Australia, Lazard provides a myriad of services, including strategic advice on mergers and acquisitions, capital solutions, restructuring, and asset management. With a client base that includes institutions, governments, and high net worth individuals, Lazard is dedicated to delivering comprehensive investment solutions worldwide.
Lazard Asset Management, a subsidiary of Lazard, Inc. (NYSE: LAZ), manages approximately $246 billion in client assets as of a recent reporting period. With a diverse array of equity, fixed income, and alternative products, Lazard is positioned as a significant player in the global investment management arena.
Frequently Asked Questions
Who is Robert Forsyth?
Robert Forsyth is the newly appointed Managing Director and Global Head of ETFs at Lazard Asset Management, bringing extensive experience in the ETF industry.
What does Forsyth specialize in?
Forsyth specializes in building and scaling ETF strategies, leveraging over 20 years of experience in the exchange-traded products market.
What recent product did Lazard launch?
Lazard recently launched the Lazard Global Listed Infrastructure Active ETF, aimed at Australian investors.
What is Lazard Asset Management's focus?
Lazard Asset Management focuses on providing active equity, fixed income, and alternative investment products to a diverse range of clients globally.
How does Forsyth's appointment align with Lazard's goals?
Forsyth's appointment aligns with Lazard's strategy to evolve and expand its ETF offerings, allowing the firm to better serve its investor base.
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