One of my most interesting tasks each year is to update our Luxury Investment Index (KFLII) and take a look at the performance of things like classic cars, fine wine and art.
The Wealth Report highlighted which global cities matter most to high net worth individuals, with London and New York coming out on top.
Six weeks ago as we stood on the brink of another nail biting RBS Six Nations tournament and looked at which of the six rugby capitals stood head and shoulders above the rest in terms of prime property price growth.
Helping to answer the question, three-quarters of respondents to Knight Frank’s Attitudes Survey said the net worth of their clients increased in 2013.
Global investment in commercial property rose 17% in 2013 to $533bn, according to data in The Wealth Report 2014.
According to the results of Knight Frank’s Attitudes Survey, 28% of an UHNWI’s net worth is accounted for by their main house and any second homes, of which, on average, they own 2.4.