Family offices are increasingly investing in luxury assets like watches, fine jewelry, and art, viewing them as potential hedges against inflation and market volatility. While some luxury items, such as certain art and watches from brands like Patek Philippe and Rolex, have shown stable or positive returns, research on their long-term effectiveness as inflation hedges is mixed. Despite these mixed results, these tangible assets are seeing a surge in popularity among the ultra-rich, even as artificial intelligence remains the top investment theme for the coming years. AI
IMPACT While AI remains the top investment theme, the growing interest in luxury assets highlights a diversification strategy among the ultra-wealthy.
RANK_REASON Article discusses investment trends and research findings on luxury assets as inflation hedges, rather than a specific event.
- Applied Economics
- artificial intelligence
- BNY Wealth
- Campbell Harvey
- Chanel
- Credit Suisse
- Deloitte Private
- Duke University
- Gustav Klimt
- Knight Frank
- Man Group
- Patek Philippe & Co.
- Rolex
- Sotheby's
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