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
info@alternativeassetanalysis.com
http://www.alternativeassetanalysis.com