The
increasing demand for gold in China is another indicator of the
growing popularity of alternative investments around the world,
claims AAA.
Boston,
MA, USA, June 15, 2012 -- The increasing demand for gold in China
is another indicator of the growing popularity of alternative
investments around the world, claims Alternative Asset Analysis,
(AAA).
The
Commercial Bank of China’s precious metals department claims that
the demand for gold investments could increase by ten per cent this
year. The growing demand for commodities like gold, silver and timber
is down to a desire among investors to seek safe havens from the
ongoing Eurozone crisis.
This
is according to AAA’s analysis partner, Anthony Johnson. The
seasoned asset manager said, “individual investors and
institutional investors alike are all looking at ways of diversifying
their portfolios to protect against risk.”
Zheng
Zhiguang, the general manager of the Commercial Bank of China’s
precious metals department, backed up AAA’s view. He told the
Economic Times: "Investors here want to hold part of their
assets in gold to hedge for the risks, especially now that the
financial crisis has evolved into a sovereign crisis.”
The
World Gold Council forecasts that China will exceed India this year
as the largest market for gold bullion as more and more of the
country’s new wealthy population seek safe havens for their cash.
Mr Zhiguang added that Chinese investors are facing volatile equity
markets and a poor real estate investment opportunities and are
looking towards gold as a result.
AAA
is an advocate of many varieties of alternative investments and
claims that they are growing in popularity since the global economic
crisis. “It’s not difficult to see why many people prefer to buy
tangible assets of stocks and shares these days,” claimed Mr
Johnson. He added, “Assets like timber, gold and fine wine have
consistently outperformed the equity markets and also provide
investors with an ethical choice.”
AAA
advocates ethical investment, through projects such as the
sustainable plantations run by Greenwood
Management, which offers investors the chance to
directly invest in timberland for as little as EUR10,000.
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
