If you'd invested in: Rathbone Brothers and Babcock International
Wealth manager Rathbone is boosting its shareholders' wealth, while support services contractor Babcock has seen three years of unremitting share-price declines.
If only...
Rathbone Brothers (LSE: RAT) is an independent provider of investment and wealth-management services for private investors and trustees. With £36.6bn of assets under management, the firm's shares rose amid its merger talks with industry rival Smith & Williamson. The new entity would have had assets under management of £56bn and around 3,000 staff, but the deal was called off last week.
Be glad you didn't
Babcock International (LSE: BAB) provides facilities management, training and support services to defence, rail transportation, marine and other public-sector organisations in Europe, Africa and North America. The firm has seen three years of unremitting share-price declines, and its stock now trades at just 10.5 times earnings. Earnings per share growth is also expected to slow to 3% in 2018, as Brexit is a big concern for its business.
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Alice grew up in Stockholm and studied at the University of the Arts London, where she gained a first-class BA in Journalism. She has written for several publications in Stockholm and London, and joined MoneyWeek in 2017.
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