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.
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