TORONTO, Nov. 26, 2020 /CNW/ - Today, TD Asset
Management Inc. (TDAM) announced that it has become a founding
institutional investor signatory to the Responsible Investment
Association's (RIA) investor statement on diversity and inclusion
(D&I).
The statement is both important and impactful as it acknowledges
the existence of systemic racism and its impacts on Black and
Indigenous communities and People of Colour in Canada and globally.
"We are committed to the betterment of our society by providing
a diverse and inclusive workplace," says Robert Vanderhooft, Chief Investment Officer,
TDAM. "Having a diverse workplace benefits everyone as it brings
new viewpoints and perspectives to a company allowing for more
innovation, high job acceptance, and stronger performance."
As a signatory, TD Asset Management endeavours to enhance the
public disclosure of diversity data, adopt policies, targets
and timelines to improve diversity on boards and senior management,
and expand and disclose organizational efforts to address barriers
to diversity and inclusion.
As a signatory, TDAM also endeavours to engage with Canadian
investee companies to convey the expectation of improved disclosure
and performance on diversity and inclusion practices, integrate
diversity and inclusion into our investment processes and improve
diversity and inclusion practices to more effectively address
barriers to inclusion and advancement of underrepresented
groups.
TDAM is fully committed to supporting a diverse and inclusive
workplace and building a culture where every voice is heard and all
individuals can freely express themselves based on their unique
perspectives.
Read more on the RIA D&I statement here.
About TD Asset Management Inc.
TD Asset Management
(TDAM), a member of TD Bank Group, is a North American investment
management firm. Operating through TD Asset Management Inc.
in Canada and TDAM USA Inc. in the U.S., TDAM
brings new thinking to investors' most important challenges. TDAM
offers investment solutions to corporations, pension funds,
endowments, foundations and individual investors. Additionally,
TDAM manages assets on behalf of almost 2 million retail investors
and offers a broadly diversified suite of investment solutions
including mutual funds, professionally managed portfolios and
corporate class funds. Asset management businesses at TD
manage $396 billion in assets as at September 30,
2020. Assets under management include TD Asset Management Inc.,
TDAM USA Inc., Epoch Investment Partners Inc. (Epoch) and
TD Greystone Asset Management. All entities are wholly-owned
subsidiaries of The Toronto-Dominion Bank.
All trademarks are the property of their respective owners.
SOURCE TD Asset Management Inc.