TD Asset Management Inc. Wednesday announced portfolio advisor changes for the TD Balanced Income Fund.

Effective Decembe r15, TD Asset Management will assume portfolio adviser responsibilities for the TD Balanced Income Fund from Jarislowsky Fraser Ltd.

The fund will be managed by Michael O’Brien, vice president and director, and Christopher Case, vice president and director. Asset allocation for the fund will be overseen by Geoff Wilson, managing director, TDAM.

The fund’s investment strategies will also change to reflect the investment process of the incoming portfolio management team.

“Combining Michael’s Canadian equity expertise with the capabilities of Christopher and Geoff of our fixed-income team provides investors access to TDAM’s breadth of fund management expertise,” says Sandra Cimoroni, senior vice president, TD Mutual Funds.

O’Brien assumed the portfolio management responsibility for the TD Canadian Blue Chip Equity Fund last year.

“We would like to thank Jarislowsky Fraser for their stewardship of this fund during their tenure,” added Cimoroni.