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Soros appoints new CIO

Scott Bessent is the firm's fifth chief investment officer since April 2000

George Soros's Soros Fund Management has tapped Scott Bessent as its chief investment officer, filling a void created recently when Keith Anderson left the legendary investor's firm.

"Scott has been a well known investor in the macro space for two decades," according to a letter sent Sunday to investors by Soros's sons, Robert Soros and Jonathan Soros, who have been top executives of the firm.

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