Vintage
cars, art and wine are becoming an increasingly attractive type of
asset class, according to AAA – who claims the volatile stock
markets are driving people towards alternatives.
Boston,
MA, USA, October 20, 2012 -- Vintage cars, art and wine are
becoming an increasingly attractive type of asset class, according to
Alternative Asset Analysis (AAA) - who claims the volatile stock
markets are driving people towards alternatives.
"These
assets are starting to become increasingly popular among wealthy
people who want to put their cash somewhere less risky and even enjoy
their assets a little in the meantime," explained Anthony
Johnson, the analysis partner at the alternative investment advocacy
group.
The
temptation to buy assets such as these instead of putting cash in a
savings account is also increasing, as a result of the falling
interest rates being paid on savings. It is difficult for people to
rely on the income from their savings these days as interest rates
are often below inflation - which actually means their money is
losing value over time, added AAA.
Mr
Johnson said, "It seems that economists are agreed that low
interest rates are set to stick around for a while and that savers
will be losing out in the meantime."
AAA
is an advocacy group that promotes alternative investments and claims
that more and more people want to see something tangible in return
for their investments. This means that assets like art, wine,
precious metals and timberland are growing in popularity. "Research
shows that these asset classes can offer great returns and often
outperform more traditional asset classes like stock, shares and
bonds."
AAA
claims that forestry investment in particular can provide healthy
returns on investment, especially in light of the current upturn in
the US housing market and what that means for timber prices.
AAA
endorses a range of timberland investment projects, such as the
plantation projects managed by firms like Greenwood
Management. These plantations, claims AAA, offer
solid investment opportunities as they are located in Brazil, "which
is a country very much on the up," added Mr Johnson.
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