Business & Finance
Business and Finance
Business and Finance
Fri, August 5, 2011
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Thu, August 4, 2011
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[ 02:27 PM ] - Market Wire
Aston Hill Confirms Closing of the Acquisition of Management of Certain Brompton Funds and the Business of Morrison Williams
CALGARY, Aug. 4, 2011 /CNW/ - Aston Hill Financial Inc. (the "Company" or "Aston Hill") (TSXV: AHF) wishes to confirm that, as announced on July 27, 2011 and effective on such date, the Company:
| (i) | completed its previously announced acquisition of certain management agreements, representing assets under management of approximately $800 million, relating to the right to manage certain investment funds listed on the Toronto Stock Exchange previously managed by Brompton Funds Management Limited, a wholly-owned subsidiary of Brompton Corp.; and |
| (ii) | completed its previously announced acquisition of the business of Morrison Williams Investment Management LP and its wholly-owned subsidiary, Morrison Williams Capital Advisors Inc. |
Aston Hill Financial Inc. is an asset management company with expertise in income generating products, energy investments and oil and gas property management. Aston Hill has offices in Calgary and Toronto and is listed on the TSX Venture Exchange under the symbol "AHF".
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