TORONTO, Oct. 9, 2013 /CNW/ - TD Asset Management Inc. (TDAM), announced
today the launch of a new set of global and U.S. active fundamental
equity strategies for Canadian institutional investors. These funds
will be sub-advised by TDAM's new affiliate, Epoch Investment Partners,
"Our goal is to help Canadian institutional investors expand their
investment opportunities to include compelling global and U.S.
equities," said Timothy Thompson, Chief Operating Officer, TDAM. "These
additions to our solution set are in response to evolving client needs.
Investors are seeking strategies that can help them achieve optimal
risk-adjusted returns, and we believe the Epoch team can be a valuable
part of the solution."
Epoch was acquired by TD Bank Group in March 2013 and is now sub-adviser
to the following TDAM funds:
TD Emerald Global Equity Shareholder Yield Pooled Fund Trust *
TD Emerald Global Equity Choice Pooled Fund Trust
TD Emerald U.S. All Cap Value Equity Pooled Fund Trust
TD Emerald U.S. Large Cap Value Equity Pooled Fund Trust
*Formerly, TD Emerald Global Dividend Pooled Fund Trust. Epoch became sub-adviser for this
fund on August 1, 2013.
"There is a tremendous synergy between TDAM and Epoch," said Tim
Taussig, President and Chief Operating Officer, Epoch. "We have
distinct capabilities, yet we share a focus on listening to our
clients, carefully managing risk, and working to develop truly
innovative strategies that meet the needs of investors."
Epoch is a successful asset management firm based in New York City.
Founded in 2004, Epoch has 78 employees and an investment team with
more than 20 years of investment management experience each, on
average. As of September 30, 2013, Epoch managed approximately US$34.6
billion for clients around the world.
For more information on the new funds, please visit: http://www.tdaminstitutional.com
About TD Bank Group
The Toronto-Dominion Bank and its subsidiaries are collectively known as
TD Bank Group (TD). TD is the sixth largest bank in North America by
branches and serves approximately 22 million customers in four key
businesses operating in a number of locations in key financial centres
around the globe: Canadian Personal and Commercial Banking, including
TD Canada Trust and TD Auto Finance Canada; Wealth and Insurance,
including TD Wealth, TD Direct Investing, an investment in TD
Ameritrade, and TD Insurance; U.S. Personal and Commercial Banking,
including TD Bank, America's Most Convenient Bank and TD Auto Finance
U.S.; and Wholesale Banking, including TD Securities. TD also ranks
among the world's leading online financial services firms, with
approximately 8 million active online and mobile customers. TD
had CDN$835 billion in assets on July 31, 2013. The Toronto-Dominion
Bank trades under the symbol "TD" on the Toronto and New York Stock
SOURCE: TD Asset Management Inc.
For further information:
For media inquiries, please contact:
Sandra De Carvalho
TD Bank Group