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.
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