2020 Foresight Report: Luxury Investments
|出版日||ページ情報||英文 78 Pages
Since 2007, an increasing number of HNWIs have shown interest in alternative investments, such as art, classic cars, wines, jewelry, gems and watches, which in times of economic uncertainty can deliver higher returns than equities.
US HNWIs had the largest share of total luxury investments, valued at US$118 billion in 2012. Chinese HNWIs with total luxury investment of US$43 billion in 2012 were the second-largest contributor in luxury investment and were the major driving force behind the growth of luxury investment. A development in alternative investments has been the evolution of the art and finance industry to answer the need of HNWIs who have acquired significant collections over time, as well as those of an emerging collector who invest based on quality and long-term value from the outset. Following the economic slowdown, car enthusiasts and investors in the UK have generated greater interest in classic cars. Many HNWIs from emerging countries in Asia, Middle East and Latin America are buying into this lifestyle by amassing their own collections of classic cars.
The 2020 Foresight Report: Luxury Investments report examines the attitudes of high net worth individuals (HNWIs) to luxury investments and products and services that have arisen and are expected to evolve to accommodate demands from clients by service providers The report provides comprehensive analysis on market potentials and key trends and drivers impacting the growth of the luxury investments market