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Wealth Tracker: Handbags, watches, classic cars - top performing luxury investments: How are the wealthy viewing luxury items as an investment class?
According to Knight Frank, handbags, watches and even classic cars made it to a list of top performing luxury investments in 2024.In fact, handbags emerged as the top performer in the year, rising 2.8 per cent over the past 12 months.So what’s driving this growth? And which luxury investments saw some weakness?On Wealth Tracker, Hongbin Jeong speaks to Christine Li, Head of Research, Asia-Pacific, Knight Frank, to find out more.See omnystudio.com/listener for privacy information.
The skinny
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