AAM Cowes Week: Under 25 Trophy extended to support 15 crews in 2013

Thursday, 31 January 2013

Building on the success of the first Aberdeen Asset Management Under 25 Trophy in 2012, Aberdeen is delighted to announce the extension of the opportunity to more young teams at Aberdeen Asset Management Cowes Week in 2013.

Having funded the participation of 10 crews in the regatta in 2012, Aberdeen's support of the youth sailing initiative is being increased to 15 crews in 2013. The first 15 crews to enter the event and confirm their entire team of under 25 year olds will have their entry fees covered by Aberdeen, as well as receiving team sailing kit and having the chance to compete for the stunning Under 25 Trophy.

Douglas Connon, Head of Corporate Events at Aberdeen Asset Management, said: "We are pleased to announce that after the success of the inaugural Aberdeen Asset Management Under 25 Trophy, this year we will be increasing our support to the first 15 youth crews to enter the regatta. By providing financial assistance through this initiative, we hope to enable even more young crews to enter the event and take part in competitive sailing."

Sailors William Goldsmith (19), Ben Arnold (20), Mark Wild (22) and Julian Wild (22) from Essex, racing in the J/80, Exess, became the first crew to win the Aberdeen Asset Management Under 25 Trophy at last year's event.

Exess had a fantastic week of sailing at Cowes, collecting 2nd place in the J/80 class behind RAFBF Spitfire. Exess skipper, William Goldsmith, said: "2012 was the best Cowes Week yet and we were thrilled to be the first winners of the Aberdeen Asset Management Under 25 Trophy and take the beautiful silverware home with us. It's great to hear that Aberdeen will be funding the participation of even more young crews this year, unfortunately we can't attend to defend our title this summer, but we will be back in the future!"

Stuart Quarrie, CEO of Cowes Week Limited (CWL) added: "It is fantastic that Aberdeen Asset Management is extending its support for young sailors at the regatta. Last year was a great success so it's brilliant that even more crews will benefit from this initiative in 2013."

See Cowes Week images

Editors note:

 Aberdeen Asset Management Cowes Week:
Cowes Week is one of the UK's longest running sporting events, having first taken place in 1826. The aspirational and inclusive sailing regatta is the largest of its kind in the world, attracting around 1,000 yachts in up to 40 classes. Around 8,000 competitors race during the week ranging from weekend sailors to World Champions and Olympic medallists.

The lively festival atmosphere at Aberdeen Asset Management Cowes Week means there is plenty of social and exciting onshore activities for sailors and the thousands of spectators who visit Cowes each year. The next edition of the regatta takes place from 3-10 August 2013. Entries are now open online.

The event is supported by its Title Sponsor, Aberdeen Asset Management


The supporting sponsors also help to make the event a success:

Boss Watches


Isle of Wight Council


Mount Gay Rum

http://www.mountgayrum.com/ and Volvo Car UK http://www.volvocarssailing.co.uk

About Aberdeen Asset Management:
Aberdeen Asset Management is a pure asset management group and is one of the largest publicly-quoted investment managers listed in the UK. It invests worldwide as a traditional, fundamental investor on behalf of institutional clients, advisers and individuals globally across all major asset classes. The group has assets under management of £193.4 billion (as at 31 December 2012). It was established via a management buyout in the city of Aberdeen, Scotland in 1983 and today operates in 23 countries around the world, employing over 2,000 staff. Aberdeen champions first-hand research and believes close teamwork is the best means to discover the best investments for clients' portfolios.

Aberdeen participates in sponsorships where it can get actively involved and make a difference to an event, individual or team. Aberdeen's current sport sponsorship portfolio includes properties across golf, sailing, rugby, hockey and rowing. The group is also involved with a number of cultural and arts sponsorships. For more information visit: http://www.aberdeenasset.com/aam.nsf/aboutus/sponsorship

Last Updated ( Thursday, 31 January 2013 )