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Lazard Hires State Street’s ETF Chief to Cash In on Market Shift

(Bloomberg) -- Lazard Asset Management is hiring a former State Street Global Advisors executive to help drive its foray into the deeply competitive market for actively managed exchange-traded funds. Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May Start Charging Entry to the T