Robert Forsyth Named Global Head of ETFs at Lazard
Lazard Asset Management is excited to announce a significant addition to its leadership team with the appointment of Robert Forsyth as Managing Director and Global Head of ETFs. With his extensive experience and proven success in the industry, Forsyth will play a key role in advancing Lazard's active ETF platform from their New York headquarters.
A Vision for Active ETFs
Bringing over 20 years of experience in the ETF sector, Robert Forsyth previously held the position of Global Head of ETF Strategy at State Street Global Advisors. His career has been characterized by leadership roles in product development, investment strategy, and sales within a substantial $1 trillion ETF business. Forsyth's insights and expertise will be crucial as Lazard Asset Management seeks to broaden its range of investment strategies.
CEO's Perspective
Evan Russo, the CEO of Lazard Asset Management, shared his excitement about Forsyth's new role, stating, "Lazard has been at the forefront of active strategies for many years, offering clients products designed to generate alpha. We are dedicated to evolving and expanding our offerings, and Rob’s leadership will be essential in achieving this vision. His deep industry knowledge and ability to address diverse investor needs will undoubtedly enhance our market position."
Developing the Active ETF Platform
In his new position, Forsyth will work closely with Jennifer Ryan, who leads North American Distribution, as well as the broader leadership team at Lazard. His aim will be to refine and develop a platform that not only addresses investor needs but also strengthens the firm’s overall investment offerings. Forsyth remarked, "Joining Lazard presents a remarkable opportunity. The strength of the Lazard brand, combined with its top-tier investment products and global reach, will enable us to better serve clients with sophisticated exchange-traded products."
Recent Innovations in ETFs
As part of its strategic initiatives, Lazard Asset Management recently introduced its first ETF product, the Lazard Global Listed Infrastructure Active ETF, specifically designed for Australian investors. This launch lays the groundwork for further ETF developments in the United States, underscoring Lazard's commitment to expanding its presence in the ETF market.
Strategic Expansion and Growth
This new hire reflects Lazard’s broader strategy to enhance its ETF platform and demonstrates its ongoing commitment to evolving investment solutions. The firm aims not only to uphold its reputation for active U.S. investment strategies but also to focus on global, international, and emerging market strategies to meet the growing demand from its global clientele.
The addition of Forsyth to the team signifies a proactive approach to adapting to the changing market landscape and the increasing interest in active management within ETFs. As Lazard Asset Management continues to innovate, the firm remains dedicated to delivering superior results for its clients.
About Lazard Asset Management
Founded in 1848, Lazard is recognized as a leading global financial advisory and asset management firm. Operating in key regions such as North and South America, Europe, the Middle East, Asia, and Australia, Lazard offers a wide range of services, including strategic advice on mergers and acquisitions, capital solutions, restructuring, and asset management. With a diverse client base that includes institutions, governments, and high-net-worth individuals, Lazard is committed to providing 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 selection of equity, fixed income, and alternative products, Lazard is positioned as a significant player in the global investment management landscape.
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.
