Plus, TD expands its ETF lineup, other firms make fund changes
TDAM to pay $70.25 million to settle class action over the payment of trailers to discount brokers
Claim alleged investors were harmed by mutual funds paying trailers to discount brokers
Also, a selection of the latest fund news
Kevin Gopaul becomes CIO of REX Financial Canada
RBC the latest large fund manager to face fund fee suit
Stronger net sales in Europe bolstered global sustainable fund industry
With growth coming from other areas, the firm's impending closure of ESG ETFs is part of a larger industry trend
OSC relief addresses potential mismatch between settlement cycles
Bank's chief executive acknowledged that the investigation has weighed on TD's share price