An
international magazine has claimed that China and Tasmania top the
list as the two best places to invest in wine, according to an
alternative investment advocacy group AAA.
Boston,
MA, USA, May 21, 2012 -- An international magazine has claimed
that China and Tasmania top the list as the two best places to invest
in wine, according to an alternative investment advocacy group
Alternative
Asset Analysis (AAA).
The
Drinks Business publication has won praise from the alternative
investment industry and particularly from AAA for its Top 10 Vineyard
Investments article. It found that some of the more unusual regions
offer the best opportunities for investors to see decent returns from
their investments in wine making.
For
example, Tasmania was cited as a great option as the climate is
cooler than Australia, meaning that sparkling wines and good Pinot
Noirs can be produced. The land is also cheaper and there is a lack
of pests and plentiful water.
China
was voted the top location for similar reasons – including the low
price of land - ensuring that anyone that invests in the alternative
asset class there will see a larger return than those who invest in
more established wine-making regions. Chinese people have become avid
wine drinkers over recent year to the market is already there.
Tasmania’s
minister for economic development, David Burne, said, "Our
island offers water availability, soil, land affordability, branding
and biosecurity advantages over many popular wine regions.”
More
and more people are interested in investing in alternative asset
classes as a response to the volatility of the equity markets,
explained AAA. The organisation’s analysis partner, Anthony
Johnson, claims that the move towards alternative asset classes, such
as fine wine, agriculture, forestry and timber products, real estate
is intended to diversify investment portfolios against risk.
He
stated, “Investing in alternatives is an understandable reaction to
the economic collapse and the continuing volatility within the
eurozone.
“It’s
difficult to product what stock and shares will be doing in a year’s
time, but it’s much easier to predict that trees will grow and wine
will be made, bottled, and sold on at a premium.”
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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