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Robert Forsyth Joins Lazard Asset Management as Global Head of ETFs

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Lazard Asset Management has announced the appointment of Robert Forsyth as Managing Director and Global Head of ETFs. Based in New York, Forsyth will lead the development and expansion of Lazard's active ETF platform. He joins from State Street Global Advisors, where he was Global Head of ETF strategy, bringing over 20 years of experience in exchange traded products.

This strategic move aligns with Lazard's plan to evolve its investment platform and distribution capabilities. The firm launched its first ETF product, the Lazard Global Listed Infrastructure Active ETF, for Australian investors in June 2024. Lazard aims to leverage Forsyth's expertise to accelerate its ambitions in the ETF space and bring sophisticated investment products to a wider range of clients through exchange traded products.

Lazard Asset Management ha annunciato la nomina di Robert Forsyth come Direttore Generale e Responsabile Globale degli ETF. Con sede a New York, Forsyth guiderà lo sviluppo e l'espansione della piattaforma ETF attiva di Lazard. Proviene da State Street Global Advisors, dove era Responsabile Globale della strategia ETF, portando con sé oltre 20 anni di esperienza nei prodotti scambiati in borsa.

Questa mossa strategica è in linea con il piano di Lazard di evolvere la propria piattaforma d'investimento e le capacità di distribuzione. La società ha lanciato il suo primo prodotto ETF, il Lazard Global Listed Infrastructure Active ETF, per investitori australiani nel giugno 2024. Lazard punta a sfruttare l'esperienza di Forsyth per accelerare le proprie ambizioni nel settore ETF e offrire prodotti d'investimento sofisticati a un numero più ampio di clienti tramite prodotti scambiati in borsa.

Lazard Asset Management ha anunciado el nombramiento de Robert Forsyth como Director General y Jefe Global de ETFs. Con sede en Nueva York, Forsyth liderará el desarrollo y la expansión de la plataforma ETF activa de Lazard. Viene de State Street Global Advisors, donde fue Jefe Global de estrategia ETF, aportando más de 20 años de experiencia en productos cotizados en bolsa.

Este movimiento estratégico se alinea con el plan de Lazard para evolucionar su plataforma de inversión y capacidades de distribución. La firma lanzó su primer producto ETF, el Lazard Global Listed Infrastructure Active ETF, para inversores australianos en junio de 2024. Lazard tiene como objetivo aprovechar la experiencia de Forsyth para acelerar sus ambiciones en el espacio ETF y ofrecer productos de inversión sofisticados a una gama más amplia de clientes a través de productos cotizados en bolsa.

라자드 자산 관리가 로버트 포사이스를 전무 및 글로벌 ETF 책임자로 임명했다고 발표했습니다. 뉴욕에 본사를 둔 포사이스는 라자드의 액티브 ETF 플랫폼의 개발 및 확장을 이끌게 됩니다. 그는 국가신용보증기구에서 글로벌 ETF 전략 책임자로 일했으며, 20년 이상의 상장 거래 제품 경험을 가지고 있습니다.

이번 전략적 인사는 라자드의 투자 플랫폼과 배급 능력을 발전시키기 위한 계획과 일치합니다. 이 회사는 2024년 6월 호주 투자자들을 위해 Lazard Global Listed Infrastructure Active ETF라는 첫 번째 ETF 제품을 출시했습니다. 라자드는 포사이스의 전문성을 활용하여 ETF 분야에서의 목표를 가속화하고 상장 거래 제품을 통해 더 넓은 범위의 고객에게 고급 투자 제품을 제공하는 것을 목표로 하고 있습니다.

Lazard Asset Management a annoncé la nomination de Robert Forsyth en tant que Directeur Général et Responsable Global des ETF. Basé à New York, Forsyth dirigera le développement et l'expansion de la plateforme ETF active de Lazard. Il rejoind le groupe depuis State Street Global Advisors, où il était Responsable Global de la stratégie ETF, apportant plus de 20 ans d'expérience dans les produits négociés en bourse.

Ce mouvement stratégique s'aligne avec le plan de Lazard d'évoluer sa plateforme d'investissement et ses capacités de distribution. La société a lancé son premier produit ETF, le Lazard Global Listed Infrastructure Active ETF, pour les investisseurs australiens en juin 2024. Lazard vise à tirer parti de l'expertise de Forsyth pour accélérer ses ambitions dans le domaine des ETF et proposer des produits d'investissement sophistiqués à un éventail plus large de clients via des produits négociés en bourse.

Lazard Asset Management hat die Ernennung von Robert Forsyth zum Geschäftsführer und Global Head of ETFs bekannt gegeben. Forsyth, der in New York ansässig ist, wird die Entwicklung und Expansion der aktiven ETF-Plattform von Lazard leiten. Er kommt von State Street Global Advisors, wo er Global Head of ETF Strategy war, und bringt über 20 Jahre Erfahrung im Bereich börsengehandelter Produkte mit.

Dieser strategische Schritt steht im Einklang mit Lazards Plan, seine Investmentplattform und Vertriebsfähigkeiten weiterzuentwickeln. Das Unternehmen brachte im Juni 2024 sein erstes ETF-Produkt, den Lazard Global Listed Infrastructure Active ETF, für australische Investoren auf den Markt. Lazard möchte Forsyths Fachkenntnisse nutzen, um seine Ambitionen im ETF-Bereich zu beschleunigen und anspruchsvolle Anlageprodukte über börsengehandelte Produkte einem breiteren Kundenkreis anzubieten.

Positive
  • Appointment of Robert Forsyth as Global Head of ETFs, bringing 20+ years of experience
  • Expansion into active ETF market, potentially opening new revenue streams
  • Launch of first ETF product in Australia, indicating market expansion
  • Strategic move to evolve investment platform and distribution capabilities
Negative
  • None.

NEW YORK--(BUSINESS WIRE)-- Lazard Asset Management is pleased to announce that Robert Forsyth has joined the firm as Managing Director and Global Head of ETFs. Based in New York, Mr. Forsyth will drive the development and expansion of Lazard’s active ETF platform.

“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,” said Evan Russo, CEO of Lazard Asset Management. “We are continuously evolving our platform so that more clients can access our leading investment strategies. Building and expanding an active ETF platform is a key next step in our plans and Rob will play an important role in accelerating our ambitions. 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. We look forward to leveraging the breadth of his skills and experiences to advance our vision and objectives.”

Mr. Forsyth joins Lazard Asset Management from State Street Global Advisors, where he was most recently Global Head of ETF strategy. During his time at State Street Global Advisors, he held various leadership positions in product, investment, and sales strategy for their $1 trillion ETF business. He has developed a deep understanding of the ETF ecosystem over the course of over 20 years working with exchange traded products. At Lazard, he will report to Jennifer Ryan, Head of North American Distribution, and will work closely with the firm’s leadership team to build its ETF offering.

“The opportunity to join Lazard and help this storied firm build its active ETF platform is unique,” said Mr. Forsyth. “The Lazard brand, the quality of its investment products, and the firm’s global reach will help bring sophisticated investment products to a larger number of clients through exchange traded products. I am eager to help build the platform and bring a more efficient and tax-friendly vehicle to investors.”

In June 2024, Lazard Asset Management launched its first ETF product, the Lazard Global Listed Infrastructure Active ETF, for Australian investors. The firm will continue to build on this launch, along with a new sub-advised ETF mandate in the US. Today, Lazard offers clients a range of active equity and fixed income products through mutual funds, UCITS, and SMAs. In addition to offering prominent active US strategies, the firm has long been a leader in providing Global, International, and Emerging Market strategies for its global client base.

This addition is the latest senior level hire for Lazard Asset Management. The firm’s plan to build its ETF platform is a continuation of its strategy to develop products and solutions that further evolve Lazard’s investment platform and distribution capabilities.

AM - LAZ

About Lazard

Founded in 1848, Lazard is one of the world's preeminent financial advisory and asset management firms, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters, as well as asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. For more information, please visit www.lazard.com.

Lazard Asset Management, a subsidiary of Lazard, Inc. (NYSE: LAZ), offers a range of equity, fixed income, and alternative investment products worldwide. As of July 31, 2024, Lazard’s asset management businesses managed approximately $246 billion of client assets. For more information about LAM, please visit www.LazardAssetManagement.com.

Media

Aziz Nayani, +1 212 632 6042

aziz.nayani@lazard.com

Zoe Butt, +44 7586 712 663

zoe.butt@lazard.com

Source: Lazard, Inc.

FAQ

Who is Robert Forsyth and what is his new role at Lazard Asset Management (LAZ)?

Robert Forsyth has joined Lazard Asset Management as Managing Director and Global Head of ETFs. He will be responsible for driving the development and expansion of Lazard's active ETF platform.

What is Lazard Asset Management's (LAZ) strategy regarding ETFs?

Lazard Asset Management is expanding its active ETF platform as part of its strategy to evolve its investment platform and distribution capabilities. The firm aims to offer sophisticated investment products to a wider range of clients through exchange traded products.

When did Lazard Asset Management (LAZ) launch its first ETF product?

Lazard Asset Management launched its first ETF product, the Lazard Global Listed Infrastructure Active ETF, for Australian investors in June 2024.

How does Robert Forsyth's appointment align with Lazard Asset Management's (LAZ) business objectives?

Robert Forsyth's appointment aligns with Lazard's plan to build and expand its ETF platform, which is a key step in the firm's strategy to develop products and solutions that further evolve its investment platform and distribution capabilities.

Lazard, Inc.

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