Aston Hill Asset Management has assumed responsibility for portfolio management of the following funds, effective October 1, 2012:
- Aston Hill VIP Income Fund; and
- Aston Hill AVIP Trust
The change also impacts the Aston Hill Advantage VIP Income Fund, which exposes its unit holders to the return of the Aston Hill AVIP Trust.
As of September 24, 2012, the total net asset value of Aston Hill VIP Income Fund and Aston Hill AVIP Trust is $311 million and $128 million, respectively.
Andrew LB Hamlin and Vivian Lo, portfolio managers at Aston Hill, have become the co-lead portfolio managers of the funds. Both are currently the co-lead portfolio managers of the Aston Hill Growth & Income Fund.
Hamlin joined Aston Hill in April 2007 and is a key member of the investment management team. He has more than 10 years of capital markets experience, and prior to joining Aston Hill, worked in the equity research departments of TD Newcrest/TD Securities, CIBC World Markets and GMP Capital.
Lo joined Aston Hill in January 2007 and actively manages portfolio investments and trading strategies across all asset classes including equities, fixed income, convertible debentures and preferred share securities. She has more than 10 years of capital markets experience as well.