Aberdeen Mourns Executive Losses

Update -- Andrew McMenigall and Toby Wallace, two executives at Aberdeen Asset Management Plc, were killed in a traffic accident while taking part in a charity bicycle ride across Britain.

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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 yesterday 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.


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