Aberdeen Asset Management is mourning the loss of Andrew McMenigall, a senior investment manager in the global equity team based in Edinburgh, Scotland and Toby Wallace, a senior relationship manager in its Philadelphia office, who were yesterday involved in a fatal cycling accident in Cornwall, England.

According to the firm, the pair was on a charity bicycle ride from Land's End to John o'Groats to raise funds for their colleague Kirsten Scott, who lost her battle with cancer in October 2011.

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