Managers of Wealth

The Gray Market: Why Sotheby’s $700m art-backed debt security is an acid test for the trade’s intentions

The large-scale investment vehicle raises major questions about who gets to decide where, how and to whom art circulates

Exclusive Wines: Bordeaux Calls for a Bargain Hunt

The fermented grape juice then continues to age in oak barrels.

UK Sotheby’s International Realty launches one-stop-shop family office division

Luxury agency launches service for ultra-wealth clients seeking to buy or sell trophy real estate and assets such as fine art, luxury automobiles

Top Golfers Who Are Avid Watch Collectors and Their Most Expensive Timepieces

Beyond the art of the perfect swing, those who play the game are well-versed in style

Dream fulfilled: young star Leon Löwentraut conquers Paris

Since his last solo exhibition at the WOS gallery in Zurich, just seven weeks ago, Leon Löwentraut has once again significantly expanded his international footprint.

Luxury carmaker Aston Martin slumps 6% as losses nearly double

Analysts at Jefferies noted the “big miss across metrics,” flagging a 26% drop in volumes.

Watches from the collection of racing driver Michael Schumacher: the quest for ‘extreme precision and engineering brilliance’

Unique timepieces by F.P. Journe and Audemars Piguet — commemorating some of the Formula One legend’s historic achievements — are among a selection of haute horology coming to auction in Geneva on 13 May

Owner of Patek Philippe Acquires Gourmet Haven on Lake Geneva

In addition to watchmaking, Thierry Stern, owner and chairman of Patek Philippe, is now venturing into culinary realms.

Hermés handbags top list of world's most coveted items again

The index tracks the performance of a theoretical basket of selected collectable asset classes using existing third-party indices.

HNWI surge set to propel Dubai’s ultra-luxury realty to new heights

In the first quarter, Dubai’s residential property market surged to $110 billion boosted by a 55% surge in investment inflows

What Sustainability at Watches and Wonders Geneva 2024 Really Looked Like

IWC scraps its annual sustainability report, TAG Heuer delivers lab-grown diamonds while Cartier CEO Cyrille Vigneron renews his green commitments.

LVMH sets tone for luxury peers; Adidas delivers positive news ahead of summer of sport

Just in terms of trends, in the US, there continues to be a divergence between aspirational and high-end consumers, and the former continue to feel the pressure of inflation and price increases.

Watches that last: how ID Genève is transforming luxury watch-making by embracing the circular economy

Breaking with tradition, innovative players are now opening the way to more circular and environmentally-friendly watch-making.

This $33 Million Home Resides in Rolls-Royce’s Former London Headquarters

The apartment is tucked into an eye-catching building that stands on a piece of land that has had many lives over the past few centuries.

China’s young ultra-rich seen reshaping wealth management, art collection and luxury spending: HSBC summit speakers

Wealth management is transforming into ‘a new virtual format in addition to the traditional finance space’, asset manager says

Wealthy Chinese dial back spending on luxury: Hurun survey

Report shows China’s affluent consumers reined in their spending on luxury last year, though bright spots emerged.

Luxury Cars Market size to record USD 180.52 bn growth from 2024-2028, Launch of electric luxury car models is one of the key market trends, Technavio

The market is estimated to grow at a CAGR of 6.56% during the forecast period.

Luxury