He was educated at Eton College and St John's College, Oxford where he read Philosophy, Politics and Economics.
He was treasurer of the Conservative Party and a member of the House of Lords.
He was 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 a major donor to the Conservative party giving the Conservative party around £2.5m under David Cameron’s leadership, and gave £200,000 to the Better Together campaign for a no vote in the 2014 Scottish independence referendum.
He was made a life peer in 2016 as part of David Cameron's Resignation Honours list and created Baron Fraser of Corriegarth, of Corriegarth in the County of Inverness.
He was married to Rebecca (née Shaw-Mackenzie, formerly Ramsay), they have two daughters and three sons between them, and split their time between London and The Highlands, from where his title derives.
His Garthbeg Farms enterprise in Scotland claimed £84373.22 farming subsidies in 2016 which is part of his 10,000 acre Corriegarth Estate which he bought in 1987.
He famously confronted the Extinction Rebellion in his dressing gown outside his home at 16 Lord North Street in October 2019.
Net worth of £150 million.
He died on 6 February 2021, from a brain tumour, at the age of 74.
Danielle Ecuyer, author, investor and creator of shareplicity, paid tribute to her former boss. She tweeted: “Sometimes in life we are blessed to meet very special people. “Lord Andrew Fraser was my wonderful boss at Barings.
“He was equitable, progressive, fun, intelligent, kind and generous to a fault. RIP.”
Wikipedia article: https://en.wikipedia.org/wiki/Andrew_Fraser,_Baron_Fraser_of_Corriegarth
Times Obituary: https://www.thetimes.co.uk/article/lord-fraser-of-corriegarth-obituary-j5p58389g
Telegraph announcement: http://announcements.telegraph.co.uk/deaths/247759/lord-fraser-of-corriegarth
Peerage blogspot: https://peeragenews.blogspot.com/2021/02/the-baron-fraser-of-corriegarth-1946.html https://caltonjock.com/2017/08/27/baron-fraser-of-corriegarth-tory-unionist-bought-and-sold-for-anybodys-gold-sad-to-see-scotlands-peers-are-still-desperately-clinging-to-the-corrupt-political-system-that-is-westminster/ https://www.theguardian.com/politics/2016/aug/05/new-peer-on-camerons-resignation-honours-list-gave-tories-25m https://www.thegazette.co.uk/notice/2607260 http://www.whoownsscotland.org.uk/property.php?p=1251 https://www.heraldscotland.com/news/12221413.sacked-shepherd-challenges-absentee-landlord/