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Lazard Asset Management Welcomes Robert Forsyth as Managing Director and Global Head of ETFs
Slice of Finance Team
13 Sep
Key Highlights:
Robert Forsyth joins Lazard as Managing Director and Global Head of ETFs.
Forsyth will lead the development and expansion of Lazard's active ETF platform.
Previously held leadership roles at State Street Global Advisors.
Lazard launched its first ETF product in June 2024 for Australian investors.
Forsyth will report to Jennifer Ryan, Head of North American Distribution.
Source (Business Wire)
Notable Quotes:
“Lazard has been a leading provider of active strategies for decades, helping clients diversify their portfolios by accessing insight-driven products that seek to generate alpha. Over the course of his career, Rob has distinguished himself as a leader who can build, scale, and distribute exchange-traded products that resonate with a wide range of investors.”
“The opportunity to join Lazard and help this storied firm build its active ETF platform is unique.”
Our Take:
Lazard Asset Management's appointment of Robert Forsyth signals a strategic commitment to enhancing their active ETF platform. With over 20 years of experience in the ETF industry, Forsyth's leadership will be crucial in scaling Lazard’s ETF offerings, particularly as the firm continues to introduce sophisticated investment products globally. This move is aligned with the firm’s broader vision to expand its active investment strategies, catering to a growing demand for diversified, tax-efficient products. The firm's growing ETF ambitions highlight its dedication to evolving with market needs, positioning Lazard to capture further opportunities in the rapidly expanding ETF sector.