MONEY MANAGEMENT

Lazard Asset Management names first head of sales for Australia

Paul Cuddy joined Lazard Asset Management in Sydney as managing director, head of sales.

The position is a new one for Lazard's Australian business, said a spokeswoman for the firm. Previously, Mr. Cuddy had served as CEO and co-founder of Bennelong Australian Equity Partners. The spokeswoman said he left Bennelong in 2015.