Recent market analyses show that investing in classic cars has outpaced some traditional stock indices in 2024, with the Knight Frank Luxury Investment Index reporting a 7% YoY rise, driven by scarcity and collector demand in the high-net-worth segment of alternative assets. Despite that, many investors have been swept into the thrill of playing the markets or trying out new asset classes like art, cryptocurrency , classic cars, and even wine. Gold is also having a moment. Prices soared to new highs just as the U.S. government entered its first shutdown in almost seven years, given that tariffs have seen prices skyrocket due to most bars being imported from overseas. Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes The macroeconomic backdrop of elevated interest rates is steering more family offices toward investing in classic cars, as they are less impacted by bond yield fluctuations compared to dividend-paying equities.
