Industry guru and former Fidelity CIO Simon Fraser dies

Former Fidelity chief investment officer Simon Fraser has died after a short illness aged 62. Fraser made a significant impact on the investment world over the years, joining Fidelity International in 1981 and later becoming its chief investment officer. He left the US-headquartered asset manager in 2008, after a 28-year career, and went on to chair several trusts, including the F&C Investment Trust and Merchants Trust. Since May this year, he had been the chair of Murray International Trust, having joined the board as a non-executive director the year before, and he was also chair...