Simon Bailey

Director of Corporate Finance & Stewardship

Number of years in the market18

Favourite reading / watchingAgainst the Gods (the first business book I read and still one of the best), Bel Canto by Ann Patchett, anything by Kate Atkinson

Ideal dinner party guestsSteve Coogan and Rob Brydon (as fictionalised versions of themselves) and Olivia Coleman

If I weren’t a Director of Corporate Finance I would be a.. Cycling dog walker

Why a horse named Vitana V might be good news for Korean equities

15 Feb 2017

by Simon Bailey

You’d have got good odds on a horse positively influencing South Korean corporate governance, something that now appears increasingly likely.

You may have read about the scandal under which a number of South Korea’s family-dominated conglomerates (‘chaebols’) are alleged to have made material contributions to Choi Soon-sil, a close friend… Read the article

Don’t dilute the impact of executive share-based compensation

21 Oct 2016

by Simon Bailey and Jasmeet Chadha

Many investors are rightfully sceptical of executive share-based compensation, particularly in the US. But the debate is typically around the adjustments made to companies’ declared earnings or the very large payments that can result, rather than a view of the absolute level of dilution and how this should change over… Read the article

It’s good to talk….

19 May 2016

by Simon Bailey

There are many different ways to form an investment view on a company. As my colleagues Dan White and Matt Cable discussed in a recent blog meeting company management can be both interesting and informative and for many investors pivotal to the investment decision making process. In my experience… Read the article

An easy way to boost profits – ignore costs!

21 Jan 2016

by Simon Bailey

The first valuation method most investors learn is the humble Price/Earnings (P/E), as in theory it’s both easy to calculate and easy to compare across companies. Unfortunately in my experience, this is a long way from the truth due to the lack of consistency in the earnings number used.

The… Read the article