Wednesday, December 21, 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.
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.
Alternative Asset Analysis
71 Commercial St
Boston, MA 02109-1320
Vietnam’s First Luxury Tour Operator to Expand in the UK and Launch Its Website for British Holidaymakers.
Ba Dinh Dist, Hanoi, December 21, 2011 - Vietnam’s First Luxury Tour Operator to Expand in the UK and Launch Its Website for British Holidaymakers.
As the National Assembly Chairman of Vietnam, Nguyen Sinh Hung, paid an official visit to the UK and Vietnam Airlines has launched its first ever direct flights to the UK, Luxury Travel Ltd has launched just launched its website catering to sophisticated British travelers.
Luxury Travel Ltd (a long established specialist in luxury privately guided and fully bespoke holidays in Vietnam, Laos, Cambodia, Myanmar and Thailand) is expanding its reach with the launch of a new website http://www.luxury-travels.co.uk for UK holidaymakers.
The move follows increasing interest by travel agencies, partners and consumers who are visiting Luxury Travel’s site to learn about city tours and attractions in Indochina, Myanmar and Thailand.
The new website highlights the best buys, luxury hotels deals and theme tours for British travelers. The prices on the website have been quoted in UK pounds and the site contains rich content about destinations in Vietnam and other Southeast Asian countries. This is a B2C model website, aiming to promote retail tours, flights, hotels and resort accommodations to suit all tastes. Even rail connections can easily be booked on line and documents can be printed out at home via the traveler’s own PC.
Ha Pham, CEO and Founder of Luxury Travel said: “The UK is a great market for us, we have beautiful products and target the right clients. We have observed that an increasing number of British holiday makers choose exotic Vietnam for their vacations. Now that Vietnam Airlines offers 4 direct connections per week between Getwich - Hanoi and Ho Chi Minh City, travelling is so convenient and easy. We have expanded and expect to stay strong in the UK as we have just joined ABTA and established a rep office in London. We hope more British travelers come experience our beautiful country and we are targeting 30% growth from this market for 2012. Luxury Travel is regarded as a reliable luxury tour operator to Indochinese destinations, as well as Thailand and Myanmar.”
“Some British luxury travelers reach us via travel agent networks. Others also come directly to us online. Vietnam attracts more UK travelers who want to discover the beauty thatthe country has to offer. We do hope our website helps to attract sophisticated British travelers. I am pleased to launch the new tourism website that deals with luxury tours in Vietnam and Southeast Asia countries. As holidaymakers, you can book and pay online with security with us,” said David Nguyen, Sales and Marketing Manager at Luxury Travel Limited.
A member of ABTA, VITA, VNAT, ASTA, PATA, the company has handled around one per cent of the 100,000 or so UK travelers to Vietnam last year, a 20 per cent increase over 2010.
Luxury Travel CEO Pham Ha said the company earned 23 billion dong (US$1.1 million) in revenue last year from this market — a 20 per cent increase over 2010. “We expect 30 per cent growth this year, and to reach 30 billion dong in 2012.”
Opened in 2004, the Luxury Travel Company Limited has its own offices, luxury vehicles, luxury travel advisors, and serves thousands of high-end travelers every year, while experiencing 30% growth annually. The company’s depth of experience and large infrastructure enable it to create unique itineraries with the operational confidence to fulfill client expectations. Luxury Travel Ltd has won numerous travel awards for excellent performance, including the most recent award: “Best Luxury Tour Operator in Vietnam.”
For more information, visit www.luxury-travels.co.uk
Luxury Travel Group Ltd
5 Nguyen Truong To Street
Ba Dinh Dist, Hanoi