Organizational changes at TD Asset Management
July 14, 2014
Plan sponsors may wish to consider whether this investment news has any implications for the investment options available within their plans.
In June 2014, TD Asset Management (TDAM) announced that Satish Rai, Chief Investment Officer (CIO), TDAM and Senior Vice President, TD Bank Group, will retire in January 2015. The CIO role within TDAM is primarily responsible for overseeing the various equity and fixed income teams at the firm.
Bruce Cooper, Vice Chair, TDAM, will replace Mr. Rai in the role of CIO of TDAM effective January 2015. TDAM has not announced who will assume the role of Vice Chair when Mr. Cooper assumes the role of CIO.
Mr. Cooper joined TD in 1993 and currently leads the fundamental equity, quantitative equity and asset allocation teams within TDAM.
Please contact your Sun Life Group Retirement Services representative.