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Succession in record deal with of acquisition Clay Rogers

Succession has acquired Birmingham-based Clay Rogers & Partners in a deal potentially worth over £10m The purchase was made through a mix of cash and shares. Clay Rogers has £450m of funds under management, and has been working with Succession since 2013. Co-founder Mark Rogers says: “We are very excited about our rapid integration as […]

India Election Update

What a difference six months makes. Speaking in September last year, we had warned of ‘excessive pessimism’ afflicting the market’s perception of India. Since then, responsible central bank policy from the Reserve Bank of India (RBI), alongside improving global growth, has meant that India’s macro environment is strengthening quickly. The current account deficit has shrunk, inflation is falling and the government has embarked on a heavy dose of much needed fiscal consolidation. As a result, the rupee has been one of the strongest global currencies this year while the market has touched all-time highs, rallying by more than 20 per cent (GBP) since September. This begs the question: are we now in a period of ‘irrational exuberance’? Not yet.

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