Strategy
Asset Manager Sets Up Netherlands Office
The firm has hired the former country head of sales Benelux at Lombard Odier Investment Managers to run the new office.
Lazard
Asset Management has opened an office in Amsterdam to
serve Netherlands-based clients. The Amsterdam
operationi will be led by Marcel van Ostaden, who joins
as director of sales for The Netherlands.
He will be responsible for retail and institutional sales and
marketing for LAM in the region. Prior to joining LAM, van
Ostaden spent six years as country head of sales Benelux at
Lombard Odier Investment Managers. He was a sales director at
BlackRock between 2005 and 2012.
“The Netherlands is an important and growing market for us,” said
Jeremy Taylor, chief executive of the UK- based subsidiary,
Lazard Asset Management. “Marcel brings more than 20 years of
investment industry experience, and his knowledge and expertise
will position us well for continued growth in the region.”
An indirect subsidiary of Lazard, Lazard Asset Management offers
a range of equity, fixed income, and alternative investment
products worldwide. As of 30 June, LAM and affiliated asset
management companies in the Lazard Group managed $238 billion of
client assets.