https://www.scmp.com/rss/518159/feed en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com A paradigm shift in the lifestyle and investment strategies of ultra-high-net-worth (UHNW) individuals has led to a growing interest in the acquisition of luxury assets, such as superyachts, private jets and highly collectible art. These assets, while generally recognised as valuable holdings, do not typically generate a traditional return on investment. However, a significant motivator behind their acquisition is a reassessment of core life values. “Art is a quintessential passion asset,” says... https://www.scmp.com/native/business/banking-finance/topics/passion-investing/article/3256806/pursuing-passions-how-hsbc-steers-private-banking-clients-towards-acquiring-trophy-assets-through?utm_source=rss_feed https://www.scmp.com/native/business/banking-finance/topics/passion-investing/article/3256806/pursuing-passions-how-hsbc-steers-private-banking-clients-towards-acquiring-trophy-assets-through?utm_source=rss_feed Wed, 27 Mar 2024 06:00:28 +0000