Simon Fraser, former chief investment officer at Fidelity Worldwide Investment, has been appointed chairman of the Investor Forum, an organisation set up following the Kay review to encourage long-term investment.

Fraser is chairman of Foreign & Colonial Investment Trust and non-executive director of emerging markets bond manager Ashmore Group. He worked at Fidelity for 27 years and was CIO from 1999 to 2005. He left the firm in 2008.