ASTON HILL ANNOUNCES PORTFOLIO MANAGER CHANGES

CALGARY, Nov. 1 /CNW/ - Aston Hill Financial Inc. ("Aston Hill") (TSXV: AHF) announced today changes in its portfolio manager personnel.

Aston Hill announces the departure of Ravi Sood, who is leaving the company to pursue other opportunities. Mr. Sood was a long time portfolio manager with Navina Asset Management Inc., a company acquired by Aston Hill in August 2010.

Aston Hill is pleased to announce the appointment, effective November 15, 2010, of Jeffrey Burchell, CFA as a new portfolio manager to the team.  Mr. Burchell has extensive experience managing long-short equities.  Most recently, he worked for Polar Securities, a leading Toronto-based alternative asset manager, where he focused on a US and Canadian market neutral mandate. His prior experience includes research and sales roles at various investment banks in Toronto. Jeff brings a broad experience base and a strong understanding of many sector groups within the North American equity markets. He graduated with a Masters in Business Administration and Bachelor of Laws from Dalhousie University, as well as an undergraduate degree in Business Administration from Acadia University.

Mr. Burchell will be assuming lead portfolio manager duties on certain funds previously managed by Mr. Sood, including Navina Opportunities Fund, Lawrence Partners Fund and the Lawrence Enterprise Fund.

We are also pleased to announce that Andrew LB Hamlin, who has been with Aston Hill since 2007, will be assuming lead portfolio management duties on Global Agribusiness Trust, the TOROS fund, and Navina Global Resource Fund.

Aston Hill is an asset management company with offices in Calgary and Toronto.  Aston Hill has diverse expertise in many segments of the financial markets including a wide range of income products, energy investments and direct oil and gas property management.

The TSX Venture Exchange has neither approved nor disapproved the information contained herein.

Forward-Looking Statements: This news release contains certain "forward-looking statements" within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release.  Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements.

For a detailed description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's annual audited financial statements and management discussion and analysis for the year ended December 31, 2009, both of which are available at www.sedar.com.  The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking statements.

For further information:

Eric Tremblay Chief Executive Officer Aston Hill Financial Inc.   [phone]

Larry W. Titley Chief Financial Officer Aston Hill Financial Inc. [phone]