Collectibles: An integral part of wealth

Thought leadership from Credit Suisse in collaboration with Deloitte Luxembourg—October 2020

This initial report aims to provide an overview of some of the most popular collectible assets fueling investors’ imaginations over the years.

Collectibles are assets in their own right and, as such, demand the same level of attention and management as other assets; they have their own risks and are sensitive to business cycles, interest rates and other specific factors. Given their store-of-value and other more cyclical attributes, they can help investors protect and grow their wealth.

Given the uncertainty of the COVID-19 pandemic and a growing concern about the sustainability of COVID-19 economic policies, collectibles can add an extra dimension to investors’ portfolios and help diversify their assets.

What is inside?

The report opens with an interview with Grażyna Kulczyk, Polish art collector and entrepreneur; Michael Strobaek, Global Chief Investment Officer at Credit Suisse; and Adriano Picinati di Torcello, Global Art & Finance Coordinator for Deloitte. They provide valuable insight into these crucial questions: how do collectibles and financial assets co-exist and complement each other in private wealth, what makes great collections, and how can specialists avoid the pitfalls and tackle the key challenges of collecting?

The second section is all about facts and figures, including the average asset allocation of ultra-high-net-worth individuals, collector profiles, and other deep insights to better understand the trends of the collectibles’ market.

The last part of the report features focus articles on some of the most popular collectible assets: fine art, classic cars, fine wine, fine jewelry and watches, musical instruments, and luxury bags.

Cover photo: David Hockney’s Famed Pool Scene displayed at Christie’s Post-War and Contemporary Art Evening Sale in New York November 15, 2018, by DON EMMERT/AFP via Getty Images

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