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Cowes Week fireworks saved

Aberdeen Asset Management and others step in to ensure the big Friday night spectacular continues

Wednesday May 16th 2012, Author: James Boyd, Location: United Kingdom

Following the news that Aberdeen Asset Management has extended its sponsorship of Cowes Week until 2015, the financial services company has also extended its support to include a significant proportion of the necessary funding to safeguard the traditional event fireworks display.

Commenting on the announcement, Martin Gilbert, CEO of Aberdeen Asset Management, said: “The fireworks display on the final Friday of Cowes Week is one of the regatta’s great traditions. Aberdeen Asset Management, in partnership with a range of financial groups and other organisations is proud to be playing a key role.”

The other organisations to have come forward with financial support for the fireworks so far include: Cowes Week Limited, Cowes Town Waterfront Trust, City AM newspaper, Artemis Investment Management, JLT Specialty Limited, the Island Sailing Club, the Royal Corinthian Yacht Club, the Royal London Yacht Club, the Royal Yacht Squadron, the Royal Ocean Racing Club, GKN, Red Funnel Ferries, Blue Funnel Ferries, and Solent and Wightline Cruises. Other donations are anticipated following pledges of support.

Stuart Quarrie, CEO of Cowes Week Limited said “We are delighted to be working in partnership with Aberdeen Asset Management and the other organisations involved in creating a solution for the fireworks. We are pleased to confirm that Cowes Week Limited is pledging to match any donations received from members of the public over the coming months”.

The fireworks display will be held on the final Friday of this year’s Aberdeen Asset Management Cowes Week, Friday 17 August.

Latest Comments

  • strongarm 16/05/2012 - 12:44

    Aberdeen Asset Mangements share price will hopefully rocket as well on the back of this news......

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