The June issue of Private Banker International (PBI) focused on HNW appetite for investment in collectible assets, such as art and wine investing.
Research by Private Banker International shows that there is an increasing appetite by the HNW community to invest in collectible assets closely aligned to their passions.
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Art followed by wine are the most popular categories, with other luxury items such as vintage cars and high-end watches losing traction.
Hong Kong was the selected country profile, where the wealth management industry is working to address a significant talent pool shortage in order to serve a growing client base from the Greater China region.
UBS Global Wealth Management, Julius Baer bank shared their thoughts on this.
The July issue of PBI also features new special report on succession planning within UHNW sector in Asia that is now available for subscribers.
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