03:47 PM EST - Aston Hill Financial Inc. : announced unaudited interim consolidated financial statements for the period ended June 30, 2010. During the quarter, the Company received record recurring revenues of $2.0 million as Assets Under Management and advisory ("AUM") continued to grow during the period. The $2 million in revenues compares very favorably to the $700,000 recorded for the same period in 2009. AUM increased by 13% during the quarter, climbing from $1.80 Billion at March 31 to $2.04 Billion at June 30. As of August 26, AUM is estimated to have grown further to $2.38 Billion, as a result of continued positive net sales of the funds managed by Aston Hill and the closing on the Navina Asset Management purchase on August 6. Aston Hill Financial Inc.
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