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Money Management

Lazard Asset Management names co-heads of sustainable investment and ESG

Jennifer Anderson, left, and Nikita Singhal

Jennifer Anderson and Nikita Singhal were named co-heads of sustainable investment and environmental, social and governance at Lazard Asset Management, a company spokesman confirmed Monday.

The roles are new. In their positions, the duo will work with analysts to integrate ESG considerations into research and portfolio-management capabilities, the spokesman wrote in an email. Ms. Singhal joined in December and Ms. Anderson started Monday, the spokesman added.

Ms. Singhal and Ms. Anderson are based in New York and London, respectively, and will report to co-directors of global research Christopher Whitney and Nathan Cockrell.

Prior to joining Lazard, Ms. Singhal was a portfolio analyst with ClearBridge Investments, an affiliate of Legg Mason (LM), focusing on the renewable energy sector for the ClearBridge Sustainability Leaders Fund and ESG strategy firmwide, the release said. A spokesman for ClearBridge parent Legg Mason reached Monday declined comment.

Ms. Anderson was previously an investment manager at TPT Retirement Solutions, where she led responsible investment, ESG and climate-change strategy at the firm, in addition to having portfolio-management responsibilities, according to the release. The firm did not immediately respond for comment regarding her replacement.

Lazard Asset Management had $216.1 billion in assets under management of Sept. 30.