Canada
Equity Solutions
With over 30 years of experience managing equity investments, our competitive advantage is a time-tested investment framework underpinned by a quality-biased philosophy, a continuously evolving process, a disciplined risk management culture and a deep commitment to client services.
Consistency of approach
We collaborate with independent equity research teams to develop a comprehensive perspective on risk and reward.
Disciplined risk management
Our large Risk Management Team is separated from investment functions which helps safeguard client assets.
Client-centric focus
The size of our operations creates efficiencies and those benefits are incorporated into client objectives.
An experienced Equities Investment Team
Our solutions are collectively managed by an experienced Equities Team with diverse backgrounds and skillsets. Our mission is simple—to consistently add value to clients’ needs by delivering superior financial results and client services over time.
Jean Masson, PhD
Managing Director
Leads the Quantitative Equity Team. Responsible for the modelling, research and management of various quantitative strategies, including low volatility equities.
Julien Palardy, CFA
Vice President & Director
Lead Portfolio Manager for the TDAM Low Volatility equity strategies. Head of the Quantitative Group Portfolio Management Team.
Jeff Tiefenbach, CFA
Managing Director
Lead Portfolio Manager for the TD Greystone International equity strategy. Oversees portfolio management for U.S. equity, International equity (including China Income & Growth) and Global equity.
Alfred Li, CFA, FRM
Vice President & Director
Lead Portfolio Manager for TD Greystone China Income & Growth strategy and Co-Lead Portfolio Manager for the TD Greystone International equity strategy.
Contact our Relationship Management Team
We have the expertise, tools and resources to build customized segregated solutions designed to meet specific Institutional client needs. We offer solutions across multiple regions including U.S., International, China and Emerging Markets.
Low Volatility Equities
We work to deliver the best available risk-adjusted returns across multiple solutions by combining the science of quantitative investment, the judgement of our broad portfolio management team, and the highest quality data.
Why invest in low volatility equities?
- We expect to deliver market-like returns with strong down-market outperformance
- While many investors haven’t been rewarded for up to a third of their equity market risk, we aim to only take on risk that is compensated
- The quantitative nature of our strategy allows us to offer it at a lower cost than traditional active investment management
Low volatility investing in 2020 and beyond
We are never satisfied with the status quo. Instead, our investment process demands that we work continuously to enhance our risk mitigating techniques. In this regard, 2020 was no different from any other year. We have been carefully introducing new risk modelling techniques such as the next generation of machine learning algorithms into our process alongside our existing models. As we look to the future, we will continue to develop and integrate new approaches to assessing and avoiding unnecessary market risks.
TD Greystone Equities
Core: We seek out companies that have demonstrated superior earnings growth, positive business momentum and sustainable profitability while ensuring we do not overpay for these growth characteristics.
Income & Growth: Our strategy focuses on income. We seek mature companies with attractive dividend yields. A key distinction is that we emphasize predictable profitability and rising earnings to support the income stream, and often capital appreciation of higher stock prices.
Key Features
- Disciplined bottom-up investment process that generates alpha though security selection
- Blending quantitative screening with qualitative analysis
- Consistency in income and high-impact growth characteristics—including superior earnings growth, positive business momentum and sustainable profitability
Our fundamental equity investment approach
We believe that combining a rigorous bottom-up equity research and a sophisticated portfolio construction methodology is the most predictable way to generate superior risk-adjusted returns over the long term. We also believe that a company’s stock reacts positively to growth in earnings and cash flow, and that indicators of sustainable earnings growth appear at the company level before they are recognized in the stock price.
TDAM & Epoch working together
