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Greg Placidi

Greg Placidi

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

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 AIC Limited in 2001.

In addition to being a portfolio manager, Greg is also AIC’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 AIC’s insurance holdings across various AIC 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.

and for Copernican Capital Corp.

Investment Philosophy

Our goal is to create long-term wealth for unitholders. We try to achieve this goal by following a well-proven and disciplined investment philosophy: We aim to buy excellent businesses in strong, long-term growth industries and we hold these investments for the long run.

Using this “buy-and-hold” investment strategy, we strive to achieve the goals of:
  • Capital preservation
  • Capital growth at a superior rate of return
  • Tax minimization
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