TD closes acquisition of Greystone Capital Management

By Staff | November 1, 2018 | Last updated on November 1, 2018
1 min read
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TD Bank has completed its buy of Greystone Capital Management, a deal that was first announced in July.

The acquisition, which includes institutional investment manager Greystone Managed Investments, makes TD Asset Management the largest money manager in the country, a release says. As of Sept. 30, Greystone Managed Investments had more than $35 billion in AUM, allocated to fixed income; Canadian, U.S. and international equities; and real estate, mortgages and infrastructure.

Going forward, Greystone will operate as TD Greystone Asset Management and maintain offices in Regina, Winnipeg, Toronto and Hong Kong. staff


The staff of have been covering news for financial advisors since 1998.