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Colonial Stewart Ivory appoints new chief executive

Fund manager Colonial Stewart Ivory has announced the appointment of Rob Adams as its new chief executive.

Australian born Adams comes from Colonial First State Investments, the company that purchased Stewart Ivory in February.

A Colonial Stewart Ivory spokesperson refused to reveal the identity of the new chief executive, saying only that a new person has appointed.

Adams replaces John Thompson, who resigned in May after Colonial First State decided to split the management of funds between Edinburgh and London.

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