Aston Hill Management Limited Announces Upcoming Portfolio Management Changes

TORONTO, Nov. 10, 2011 /CNW/ - Aston Hill Management Limited (the "Manager") announced today that its affiliate Aston Hill Investments Inc. will assume responsibility for portfolio management of the following funds effective on or about February 8, 2012:

  • Aston Hill Oil & Gas Income Fund (formerly called Brompton Oil & Gas Income Fund) (TSX: OGF.UN); and
  • Aston Hill O&G Trust (formerly called O&G Trust).

By virtue of a forward transaction, Aston Hill Advantage Oil & Gas Income Fund (formerly called Brompton Advantaged Oil & Gas Income Fund) (TSX: AOG.UN) has exposure to the return on the portfolio held by Aston Hill O&G Trust.  Ms. Joanne A. Hruska, Vice President, Portfolio Management of Aston Hill, will become the lead portfolio manager of the funds.

Ms. Hruska joined Aston Hill in 2004 and has been a Portfolio Manager since 2006.  She heads the Calgary Energy Team as the lead portfolio manager on several mutual funds, flow-through limited partnerships, and Lawrence Enterprise Fund.  Ms. Hruska has spent 17 years investing in the energy sector, beginning as an analyst with Canaccord where she covered both the junior oil and gas sector and income trusts, followed by several years as an investment advisor with CIBC Wood Gundy and then with Emerging Equities.  Ms. Hruska graduated from the University of Calgary with a Bachelor of Commerce degree in 1994 and obtained her Chartered Financial Analyst designation in 1999.

About Aston Hill

The Manager became the manager of Aston Hill Oil & Gas Income Fund, Aston Hill O&G Trust and certain other funds on July 27, 2011.

The Manager and Aston Hill Investments Inc. are wholly-owned subsidiaries of Aston Hill Financial Inc. (TSX: AHF).  Aston Hill Financial is a diversified asset management company with a suite of retail mutual funds, closed-end funds, private equity funds, hedge funds and segregated institutional funds.  It is also engaged in oil and gas property management.  Aston Hill Financial has offices in Calgary and Toronto.

SOURCE Aston Hill Management Limited

For further information:

Michael J. Killeen
Aston Hill Management Limited
(416) 362-5597

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Aston Hill Management Limited

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Aston Hill Financial Inc.

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