Lazard Asset Management has hired Eric Van Nostrand as its first global head of markets and chief economist, reporting to CEO Evan Russo.
Van Nostrand will sit on LAM’s executive leadership team, producing and steering macro-economic research and market strategy for investment desks worldwide. “Financial markets are becoming increasingly complex, with global economic volatility and policy decisions profoundly influencing outcomes,” Russo said, adding that Van Nostrand’s insights will “enhance our capabilities to deliver world-class solutions.”
Van Nostrand joins from the U.S. Treasury, where, after serving as senior advisor on Russia/Ukraine, he became acting and then assistant secretary for economic policy, earning the department’s Alexander Hamilton Award. Earlier, he spent six years at BlackRock, rising to managing director and head of research for multi-asset strategies.
“I’m excited to help Lazard’s investment teams deliver market-leading performance for clients,” Van Nostrand said.
Lazard managed US$ 250 billion as of 31 March 2025 across asset classes ranging from equities, and fixed income, to alternative and real assets.
