LDIC Adds Experienced Portfolio Manager David Pirie
News related to:LDIC Inc · 2 min read
LDIC Inc. has made a significant announcement, adding David Pirie, CFA, to its investment management team. This move underscores the firm's commitment to delivering exceptional long-term investment outcomes for its clients, further strengthening its capabilities in the industry.
David Pirie brings over two decades of investment management experience to LDIC Inc. His most recent position was as a Portfolio Manager at Invesco Canada, where he managed more than $1.2 billion in Canadian equity and balanced mandates. This experience includes his role in co-managing the Invesco Canadian Plus Dividend Fund, the Invesco Diversified Yield Fund, and the Invesco Pure Canadian Equity Fund. His investment approach is characterized by a disciplined value investing philosophy, rigorous bottom-up fundamental analysis, and a focus on long-term capital appreciation.
In 2022, the funds he co-managed were recognized with three Lipper Awards for their three-year investment performance. Prior to his time at Invesco, David spent nearly a decade at Acuity Investment Management, a firm managing approximately $7 billion in assets. During his tenure, he progressed from Analyst to Associate Portfolio Manager and ultimately Vice President & Portfolio Manager, covering multiple sectors across geographies, asset classes, and market capitalizations for both retail and institutional portfolios.
At LDIC Inc., David will work closely with the investment team to manage client portfolios, contribute to investment research and portfolio construction, and help further enhance the firm's investment capabilities as it continues to grow. Founded in 1998, LDIC Inc. ("LDIC") is registered as a Portfolio Manager in Alberta, British Columbia, Manitoba, Ontario, Québec, and Saskatchewan. The firm manages investment portfolios for mid- to high-net-worth individuals, families, corporations, and foundations. LDIC is also registered as an Investment Fund Manager ("IFM") in Ontario, Québec, and Newfoundland and Labrador, emphasizing a disciplined, performance-oriented investment approach and exceptional client service.
This addition of David Pirie to LDIC Inc. represents a strategic move that further cements the firm's position as a leader in the investment management industry. His extensive experience and proven track record in managing significant assets make him an invaluable asset to the team. LDIC Inc. is committed to providing its clients with access to experienced investment professionals and personalized portfolio management, and David Pirie's appointment is a testament to this commitment.