10 Hrs
Source:
الاقتصادية
Arts and Watches as Inflation Hedges
In the context of declining hedging options in global financial markets, the wealthy are turning to investing in tangible, luxury assets such as watches, jewelry, and artworks as means to protect their wealth from inflation and market volatility. A recent survey revealed that about two-thirds of family wealth management offices now hold assets unrelated to traditional investments, reflecting an increase driven by a desire to resist the impact of inflation and uncertain political and economic signals. Despite their varied performance, prices for art and watches have experienced significant rises, with notable jumps in market values—art auction sales increased by 11%, and prices for Patek Philippe watches rose by 12.1%. Studies confirm that some luxury assets, such as Chinese art and watches, are effective means of preserving value during inflationary periods, although the debate continues over their long-term effectiveness as hedges.
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