Tragedy strikes as two top firm professionals die during charity bike ride


Sad to report.

Bloomberg News reports that Andrew McMenigall and Toby Wallace, two executives at Aberdeen Asset Management, were killed in a traffic accident while taking part in a charity bicycle ride across Britain.

McMenigall, 47, a senior global equities manager based in Edinburgh, and Wallace, 36, a senior relationship manager in the Scotland-based firm’s Philadelphia office, died Wednesday after being hit by a truck near Newquay in Cornwall, the company said in an e-mailed statement.

The collision occurred in the first day of an approximately 900-mile (1,448-kilometer) ride from Land’s End, the most southwesterly point in Britain, to John O’Groat’s, the most northerly mainland point in Scotland. The trip was to raise money for a charity in memory of a former colleague who died of cancer two years ago.

'The fact that they died in such tragic circumstances while trying to help others less fortunate tells you much about their selflessness and humanity', Martin Gilbert, CEO of Aberdeen, Scotland’s largest money manager, said in the statement. 'This is a terrible time for the company. Our thoughts are with the families of Andrew and Toby'.

Hit the link below to access the complete Bloomberg article:

Aberdeen’s Andrew McMenigall, Toby Wallace Die Cycling in U.K.

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