Alternative Asset Analysis (AAA) agrees that India’s new high net worth population will help the alternative investment industry to experience a further boom.
Boston, MA, December 22, 2011 – Alternative Asset Analysis (AAA) agrees that India’s new high net worth population will help the alternative investment industry to experience a further boom.
Between now and 2016, the wealth of India’s richest is expected to treble and many of these wealthy individuals are eager to invest in alternative asset classes, claims AAA.
The alternative investment advocacy group backs reports from Karvy Private Wealth, which claim that private equity funds and other alternative funds will reap the benefit of India’s new-found wealth.
AAA’s analysis partner, Anthony Johnson, stated, “There is no doubt that India’s elite will start to look for the very best, risk-averse ways to invest their cash.
“Along with those in the West, Indian investors are looking towards alternatives to provide a means of diversifying their portfolios to protect themselves against further unpredictable market crashes,” added Mr Johnson.
Karvy’s study said that Indian investors are actually even more averse to risk than their counterparts in more developed economies and will, therefore, focus on alternatives to provide them with returns that are not correlated with the stock markets.
However, Karvy said that wealthy Indians are not currently investing in alternative asset classes as much as they are expected to in the coming years, representing major growth opportunities for alternative fund providers.
AAA was keen to point out that alternatives and ethical investment is growing in popularity all over the world, as wealthy investors try to spread the risk tied up in their portfolios to protect against the impact of the economic crisis.
AAA promotes impact investing and other varieties of ethical investment, such as sustainable forestry investment through organisations like Greenwood Management in Brazil. These kinds of more boutique alternative investment providers should also benefit from the rush to invest among India’s new set of rich and savvy business people.
Contact:
Anthony Johnson
Alternative Asset Analysis
71 Commercial St
Boston, MA 02109-1320
617-939-9596
info@alternativeassetanalysis.com
http://www.alternativeassetanalysis.com