The Knight Frank Luxury index, ranking a basket of collectable assets and tracking their investment performance, has shown that classic cars performed best with an increase of 17% in 2015. Rare coins also did well, registering a 13% rise in value. Watches and wine were another asset class to do well with 5% increases, closely followed by art and jewellery at 4%. The recovery in Bordeaux wine prices shows the market stabilising slightly after a drop in demand from China in recent years. The overall gain on this 'luxury index' was 7% which compares to drop of 5% on the Porsche 100 equity index and growth of just 1% at the higher end of the London property market.
The Knight Frank Luxury index, ranking a basket of collectable assets and tracking their investment performance, has shown that classic cars performed best with an increase of 17% in 2015. Rare coins also did well, registering a 13% rise in value. Watches and wine were another asset class to do well with 5% increases, closely followed by art and jewellery at 4%. The recovery in Bordeaux wine prices shows the market stabilising slightly after a drop in demand from China in recent years. The overall gain on this 'luxury index' was 7% which compares to drop of 5% on the FTSE 100 equity index and growth of just 1% at the higher end of the London property market.