United Nations Environment Programme FI INVESTOR PILOT CASE STUDY: TDAM Testing Carbon Delta Scenario Analysis Approach1 TD Asset Management (TDAM) is a wholly-owned subsidiary of TD, having assets under management of US$268.6 billion.2 As a North American investment management firm, TDAM serves a large and diversified client base, including pension funds, corporations, institutions and high-net-worth and retail individuals, and has leading market positions in passive, quantitative and active portfolio management.