Lazard Brings On Global Fixed-Income Head

November 25, 2002 ( - Lazard Asset Management has hired Steven Blitz, former chief strategist at Offitbank, as its head of global fixed-income operations, according to a Reuters news report.

Also, J. William Charlton, an Offitbank high-yield manager, was hired as head of US high-yield fixed-income, Lazard said in a media release.

Blitz had worked at Offitbank since 1989 as strategist and economist, and before that at Salomon Brothers as a derivative products strategist and technical bond analyst, Reuters said.

Charlton managed high-yield assets for Offitbank, where he worked since 1990, Reuters reported.

New York-based Lazard Asset Management oversees about $9 billion in fixed-income assets.