Month: December 2015
Coutts index says value of classic cars has risen forty percent compared to last year
But Mohammad Kamal Syed, head of financial advice and investment solutions at Coutts, adds that passion assets are not for everyone because authenticating their originality can be difficult
read moreYounger and more entrepreneurial customers buy the Rolls Royce Wraith attracted by the most powerful engine RR have ever produced
Andrew Ball, global corporate communications manager at Rolls Royce, also says they compete with helicopters and fine art rather than other cars for sales
read moreIn 2014, Dr James Hull sold his collection of 543 British classic cars to Jaguar Land Rover for estimated GBP 100million
Damen Bennion, partner at law firm Goodman Derrick, also says the collectible market is a male preserve, but interest from women is growing.
read moreClassic car collectors like limited edition cars and have themes, such as post-war Aston Martins
Simon Sproule, director of global marketing at Aston Martin, also says authenticity, provenance and rarity are the qualities that make the prices go up.
read moreScottish UHNWIs thrive despite the uncertainty
At a time when the wealthy of the UK are already dealing with new freedoms relating to pension pots and more besides, there is no shortage of work for advisers to Scotland’s relatively small population of highly wealthy individuals.
read moreThe real value in bloodstock is in the high-class stallions who can be worth over GBP 100 million
Charles Staveley, partner at Mills & Reeve, also says he sees an increase in buyers from North America and Kazakhstan.
read moreFifteen owners invested in a champion sprinter bought for 22,000 guineas and sold for GBP 2.4 million
The Hon. Harry Herbert, racing manager of Highclere Stud, shares his views on the bloodstock markets and advises on how to invest in racehorses.
read more“You may well lose money, but you will have good fun in the process”
Louise Stoten, senior partner at New Quadrant Partners, also says owning a racehorse is like going to your children’s school sports day: people want to be in the stand at Ascot or the Dubai Gold Cup cheering on their ‘baby’.
read moreMare Hanky Panky sells for 2.7 million pounds at Tattersalls breeding sale
Peter Treadgold, partner at Smith & Williamson, also says the Chinese are increasingly investing in horses, trying to establish the bloodstock business in their country.
read moreRussians seek safety as de-offshorisation and sanctions bite
When it comes to wealth management in Russia, a huge proportion of the work going on for ultra-high net worth individuals is focused not so much in Russia, but on transferring assets outside of the jurisdiction.
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