Why art is an important part of an HNWs investment portfolio
Many investors want to know how to combat extreme uncertainty
Art
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Which asset could help minimise IHT liabilities?
People could get back as much as 25% of the payable tax
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57% of HNW art collectors to purchase more works in 2021
Wealthy millennials were the highest spenders in 2020 with 30% globally investing more than $1m
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Multi-family office bolsters art offering
The firm will offer a range of services including estate planning for collection transfers
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UK firms wound up over £1.4m art investment fraud
Scheme was operated by a business based in Spain that had previously been warned by the FCA
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Over half of US HNW investors buying art blind
UBS Wealth Management’s report looked at the attitudes and behaviour of wealthy art collectors