AAA
claims that sporting goods retailers and sporting memorabilia could
be where the major money is for alternative investors.
Boston,
MA, USA, May 26, 2012 -- Alternative Asset Analysis (AAA) claims
that sporting goods retailers and sporting memorabilia could be where
the major money is for alternative investors.
The
alternative investment advocacy group made the claim following news
that a Jersey worn by baseball legend Babe Ruth recently sold for
$4.4 million. The shirt was the earliest Yankees shirt belonging to
the 1920s batter and has reached record sums at auction –
outselling the superstar’s home, which went on market for just $1.6
million.
The
jersey had been on display at the Babe Ruth Birthplace Museum in
Baltimore for several years but was sold back in April by its private
owner to an undisclosed bidder for the huge sum. The price beats the
former highest price paid for sporting goods, which was a record held
for the original rules of baseball written by Dr James Naismith -
selling for $4.3 million in 2010.
“People
are sports crazy at the moment,” claims AAA’s analysis partner,
Anthony Johnson. He went on to add, “sports memorabilia is selling
well, but sporting goods retailers are also outperforming the
market.” Johnson is referring to firms like Dick’s Sporting
Goods, which is investing heavily in expansion this year and stocks
are rising in value.
Alternative
asset classes of all kinds are proving increasingly popular with
savvy investors who want to ensure that their portfolios are
diversified against risks, explained AAA. Those interested in making
money from their hobbies can invest in memorabilia or even wine, art,
antiques or timber – all of which can regularly outperform stocks
and shares.
“People
are opting for alternative investments, through firms like Greenwood
Management, which specialises in forestry
investments, in order to reduce their exposure to equity markets,
which are still proving volatile,” explained Johnson. The
uncertainties surrounding Europe’s economic recovery is having
repercussions all over the world and investors are aware that markets
could take another tumble at any time.
About
Alternative Asset Analysis:
The
remit of Alternative Asset Analysis is to analyse and provide news on
the global performance of a wide range of alternative asset classes
including, but not restricted to, commodities, real estate, forestry,
foreign exchange, hedge funds, private equity and venture capital.
Media
Contact:
Anthony
Johnson
Alternative
Asset Analysis
71
Commercial St
Boston,
MA 02109-1320
617-939-9596
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