Tag Archives: Investing

India’s new elite will head towards alternatives, claims AAA

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

Sharon Lechter, Co-Author of Best-selling Rich Dad Series Serves as Keynote Speaker During Uganda’s 6th Annual Financial Literacy Week

International best-selling author, entrepreneur, advocate and speaker, Sharon Lechter, will serve as a keynote speaker for the Sixth annual Financial Literacy Week in Kampala, Uganda, to be held from September 28th through October 1st, 2011.

Scottsdale, AZ, Thursday – September 22, 2011 — International best-selling author, entrepreneur, advocate and speaker, Sharon Lechter, will serve as a keynote speaker for the Sixth annual Financial Literacy Week in Kampala, Uganda, to be held from September 28th through October 1st, 2011.

A passionate advocate of financial education, Lechter has focused her efforts on developing tools to inspire families and children to create security and build wealth. As founder of Pay Yourself First, LLC, ( http://payyourfamilyfirst.com ) and co-founder and former CEO of the Rich Dad Company, Lechter’s earned continued acclaim for her work. She co-authored the popular Rich Dad Poor Dad series; and most recently, in conjunction with the Napoleon Hill Foundation, released two new books in the Think and Grow Rich series: Three Feet from Gold and Outwitting the Devil.

Uganda’s Financial Literacy Week is an annual event tasked with creating public awareness regarding finances. The mission includes promoting financial discipline such as saving and investing. The ultimate goal is to eradicate the cycle of poverty, ensuring sustainable intergenerational wealth and financial freedom.

“It doesn’t matter what language they speak, or what currency they use, parents everywhere want their children to succeed. The need for financial literacy is a global issue and I applaud Uganda for leading the charge in providing financial education to its young people. It is an honor and a privilege to participate in the Sixth Annual Financial Literacy Week,” said Lechter.

This year organizers plan to target a variety of public service professionals including teachers, nurses, students, uniformed officers, and women groups, and will conclude with a breakfast Saturday for business leaders and diplomats.

Martin D. Muhwezi, Managing Director of the Investors Club, LTD. in Kampala, said, “Financial Literacy is the ability to make informed judgments and effective decisions regarding the use and management of money. It is a life skill that every income earner or potential income earner needs to achieve their financial goals, and live a financially comfortable life.”

Welcoming Lechter with enthusiasm, Muhwezi said, “We plan to launch Financial Literacy clubs in high schools here in Uganda next year, and want to partner with Sharon to donate materials we can use to teach African youth and children the principles of money management.”

Lechter will share the podium with her husband, Michael Lechter, a leading intellectual property U.S. attorney, certified licensing professional and university professor and best-selling author, who served as an advisor to the original Rich Dad series.

Formerly a partner in the international law firm of Squire, Sanders & Dempsey, LLP, Michael is an Adjunct Professor at Arizona State University, and a lecturer at Thunderbird School of Global Management. Together with Sharon, the two own a number of small businesses, including the acclaimed Cherry Creek Lodge ( http://cherrycreeklodge.com ).

Upon return from Uganda, Lechter will continue to dedicate herself to promoting the message of empowered personal success outlined in, Outwitting the Devil.

Press & Media Contact:
Scott Kelly
Black Dog Promotions
9920 S. Rural Rd., Ste 108
Tempe AZ, 85284 – USA
480-206-3435
scott@blackdogpromotions.com
http://www.blackdogpromotions.com
http://cherrycreeklodge.com
http://payyourfamilyfirst.com

AES International Opens for Business in Dubai

March 3,2011 – The new offices in Emaar Square, Dubai, are the home of AES Middle East Insurance Brokers LLC, licensed by the UAE Ministry of Economy and Insurance Authority.

AES International aims to enhance standards in the Emirates by developing local regulation in line with that of leading UK-style financial controls.

Chief Executive Officer Sam Instone reiterated that AES International is working to change the international financial services industry from within by setting standards that exceed those required by regulators.

“There is a widespread perception that the Middle East, and Dubai in particular, is some way behind the European market in terms of Treating Customers Fairly (TCF), training and competency, systems and controls and underlying business model,” he said. “

“Our team is committed to changing this perception and introducing change by importing higher technical competency, technology, compliance and business conduct in to the Emirates.”

The Dubai office is the latest addition to the AES International network, and the first direct branch office in the Middle East.

The group is headquartered at prestigious offices on the New Kings Road, London, SW6, with other branches in Germany, Ireland, Italy, Netherlands, Poland, Spain, Belgium and Sweden.

In a competitive industry where brand and reputation mean more to a wealth management firm than size, AES International is taking great strides forward to build a name for reliability, professionalism and integrity.

The firm intends to run residential courses from a recently purchased 30,000 square foot international academy set in a landscape of lakes, sports fields and woods to meet this training requirement.

These courses will reinforce the day to day working of financial advisers around the world by keeping them up to date with the latest best practise, technology and investment strategies in the industry.

“The aim of AES International is to become the market leader in integrated service delivery to institutions, independent professional organisations, trustees, advisers (IFAs) and wealth managers involved in the international, offshore and cross-border markets.” said Mr Instone.

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