Aston Hill Management Limited announces upcoming portfolio management change

TORONTO, Dec. 15, 2011 /CNW/ - Aston Hill Management Limited (the "Manager") announced today that, effective immediately, the responsibility for the portfolio management of Aston Hill Global Uranium Fund will be changed from UBS Global Asset Management to Morrison Williams Investment Management LP ("MW"), an affiliate of the Manager.

Mr. Robert Gill of MW will be primarily responsible for the portfolio.  Mr. Gill began his investment career in 1997 at BMO Nesbitt Burns. He subsequently moved to the United Kingdom where he joined Deutsche Bank's Global Investment Banking Division.  Later, Robert spent seven years at Foyston, Gordon & Payne Investment Counsel analyzing Canadian, U.S. and Global companies, where he was Director of Research and Associate Portfolio Manager for U.S. and Global Equities.  Robert joined MW in August 2010 as Portfolio Manager.

About Aston Hill

The Manager became the manager of Aston Hill Global Uranium Fund and certain other funds on July 27, 2011.

The Manager is a wholly-owned subsidiary 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.