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Portland Investment Counsel

Greg Placidi

Greg Placidi

B.Comm. (Hon), MBA, CFA
Senior Vice President and Portfolio Manager, Portland Investment Counsel


In the Media

globeandmail.com, August 5, 2009:
Greg discusses why he and Chris Lowe are growing more bullish on giant banks and insurers. Read article
 

Greg has 21 years global financial services and utilities experience, including evaluating and dissecting insurance companies and insurance markets around the world working as a strategist, regulator, and company executive in North America, Europe and Asia. Greg has also performed extensive analysis across the utilities sector.

Greg began his career in insurance as the Senior Insurance and Investment Analyst at the Office of the Superintendent of Financial Institutions and as Director of Research at the Canadian Life & Health Insurance Association.

As a lead insurance practitioner for Deloitte Consulting, he led a number of strategic, operational and financial initiatives around the globe. He was financial vice-president at Manulife Financial and joined Portland Investment Counsel in 2001.

In addition to being a portfolio manager, Greg is also Portland Investment Counsel’s insurance specialist and is responsible for monitoring industry trends in the global insurance sector, making recommendations regarding potential insurance company investments or divestitures and evaluating the performance of Portland Investment Counsel’s insurance holdings across various Funds.

In addition to his extensive insurance experience, Greg also performed in-depth investigative financial analysis and forecasting to support rate of return and capital structure testimony for numerous utilities.

Testimony was used in regulatory rate case hearings to determine appropriate capital structure composition, return on equity and return on rate base for some of Canada’s largest utilities such as: TransCanada PipeLine, TransAlta, Westcoast Energy, BC Gas, NOVA, Canadian Utilities and others.