
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/tchcbh/2020_foresight) has announced the addition of the "2020 Foresight Report: Luxury Investments" report to their offering.
Since 2007, an increasing number of high net worth individuals (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 are buying into this lifestyle by amassing their own collections of classic cars.
Scope
- The report includes market data and forecasts for the luxury investment market. The review period is 2008-2012 and the forecast period is 2013-2017.
- The scope of the report covers 21 countries; nine developed markets and 12 emerging markets.
- The study has been compiled on the basis of extensive primary research conducted with key experts in the field to determine current trends and expectations for the future, to help service providers remain in line with developments as they occur, understand future trends and increase their share of the wallet.
- Luxury investments covered in the report include art, wine, classic cars, jewelry, gems and watches. Each chapter looks at the market overview of these collectables and takes the premise that the genre of luxury investments discussed will rise in value over time.
Companies Mentioned
- Bonhams
- Christie's
- Deutsche Bank
- HSBC
- ING
- Société Générale
- Sotheby's
- Stonehage
- UBS
For more information visit http://www.researchandmarkets.com/research/tchcbh/2020_foresight
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