TD Asset Management launches global and U.S. equity opportunities for institutional investors with Epoch Investment Partners
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3 minute read
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, Inc. (Epoch).
"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 Exchanges.
SOURCE TD Asset Management Inc.