Andrew Fraser, Baron Fraser of Corriegarth


Alexander Andrew Macdonell Fraser, Baron Fraser of Corriegarth was a treasurer of the Conservative Party of the United Kingdom and is a member of the House of Lords. He is described variously as a "stockbroker" or an "investment banker".

Education and career

Fraser is the son of Ian Fraser, Baron Fraser of Tullybelton, a prominent Scottish lawyer who later became a Law Lord. He was educated at Eton College and St John's College, Oxford where he read Philosophy, Politics and Economics. After graduation, he worked at various jobs in the financial sector. His major jobs included:
Fraser was also Head of Equities at Barings Bank in 1995, when it collapsed after £827 million losses resulting from poor speculative investments carried out by Nick Leeson.
He was made a life peer in 2016 as part of David Cameron's Resignation Honours list. On the morning of 31 August 2016 he was created Baron Fraser of Corriegarth, of Corriegarth in the County of Inverness. He is married to Rebecca, they have two daughters and three sons between them, and split their time between London and The Highlands, from where his title derives.

Political support

Fraser is described by The Guardian as a "major donor" to the Conservative party. He was also the second largest Better Together donor, giving £200,000 to the campaign for a no vote in the 2014 Scottish independence referendum.