The results of a new index compiled for The Wealth Report by Ledbury Research’s Luxury Analyst, Madeleine Ollivier
The general outlook for luxury spending continues to be positive. Almost a third of respondents to The Wealth Report’s Attitudes Survey expect their wealthy clients to spend more on luxury goods in 2015, compared with just 8% who expect it to decline.
But how does the short-to-medium-term outlook compare for individual countries, and where in the world might luxury brands look to expand?
The new Big Spenders Index, compiled exclusively for The Wealth Report, provides some of the answers by identifying the locations likely to see strong growth in big-ticket spending by their own ultra-wealthy populations and visiting UHNWIs.
The latest results from the Knight Frank Luxury Investment Index (KFLII), which now includes coloured diamonds. By Andrew Shirley, Wealth Report Editor
There is no doubt that so-called investments of passion are still catching the imagination of the wealth management sector and the media. I continue to be pleasantly surprised by the press coverage devoted to KFLII since it was launched two years ago.
One question I have often been asked is why we don’t include gold or diamonds in the index.
Gold to me has always seemed more of a conventional investment that tends to sit mainly in a bank vault, while the pricing indices available for white diamonds were too broad in their scope for inclusion.
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