Former Bennelong Head joins Lazard Asset Management

Lazard Asset Management Pacific Co (LAM) has announced that Paul Cuddy has joined the firm as a managing director, head of sales, based in the firm's Sydney office.

Cuddy was most recently the CEO of Bennelong Australian Equity Partners (BAEP), a role he retired from in August 2015. As both the CEO and co-founder of BAEP, Cuddy was responsible for building portfolio strategies for a broad range of institutional, retail and wholesale clients.

Prior to that he held senior portfolio management roles at ING Investment Management, NRMA Asset Management and Westpac Investment Management.

Commenting on his appointment, LAM CEO, Robert Prugue, said: "With over 25 years' investment industry and sales experience, Paul brings outstanding investment, relationship and product development credentials to the firm...his expertise in the Australian investment industry will enhance our ability to continue to deliver comprehensive investment solutions to our clients."