Toronto Dominion drives into funds and emerging currencies

Increased flow from institutional clients came largely as a result of the addition of a dedicated global head for fund sales, said John Glover, head of FX and short-term capital markets in London.

"We have had sales people speaking to the fund management sector for several years but it has become a much stronger focus since Michael Gibbens’ hire," said Glover. Gibbens joined in Toronto in April from Bank of America where he was head of Canadian institutional sales.

In emerging markets, TD has