The Wealth Report Series by Knight Frank
Source: knightfrank.com
Knight Frank Luxury Investment Index
The Knight Frank Luxury Investment Index (KFLII) serves as an extensive resource for evaluating the performance of luxury investments. However, understanding its compilation process and constraints is crucial. The index relies on a weighted assessment of ten asset classes, each representing a different level of “collectability” within the ultra-high-net-worth (UHNW) community.
Art Index
The All Art index, compiled by Art Market Research (AMR), bases its calculations on monthly auction sales data. By determining an average value for artists in the database, known as the Artist Price (AP), AMR computes the Underlying Monetary Value (UMV) for each time point. This allows for a comparison of AP sums relative to a base period, reflecting the evolving value of art over time.
Classic Cars Index
Utilizing data from global and private sales, the HAGI Top Index tracks the value of 50 investment-grade cars from 19 marques. This index, updated monthly, employs a chained-Paasche algorithm method to weigh the market capitalization of each featured model, offering insights into the performance of classic cars as investments.
Colour Diamonds Index
Compiled quarterly by the Fancy Colour Research Foundation, the Colour Diamonds index analyzes purchase price data from 28 global wholesale sources. Focusing on pink, blue, and yellow diamonds, this index monitors size and intensity trends, providing valuable information for investors in these rare gemstones.
The Knight Frank Rare Whisky Index, managed by a foremost leading independent company within the industry, tracks UK auction prices of 100 bottles of exceptional single malt Scotch whisky. Reflecting the craftsmanship of talented distillers and master blenders, this index highlights the value of rare whisky bottles from iconic distilleries.
Watches, Furniture, Handbags Index
AMR’s antiques, luxury, and collectibles indexes offer insights into the market performance of various items. Based on average market values relative to a base period, these indexes track the value evolution of watches, furniture, and handbags, providing valuable data for collectors and investors.
Wine Index
The Knight Frank Fine Wine Icons Index features a curated basket of 200 fine wines, reflecting the preferences of high-net-worth collectors. Re-valued monthly using mid-point, low-market cluster prices, this index offers a comprehensive overview of the fine wine market, aiding investors in decision-making.
The Knight Frank Luxury Investment Index (KFLII) presents a nuanced understanding of luxury investments across diverse asset classes. By examining the methodologies behind each index, investors can gain valuable insights into the performance and trends within the luxury market.
Source: knightfrank.com
Luxury Investments Defined
Luxury investments, often termed investments of passion, embody a distinct essence. In essence, they mirror conventional investment markets in several facets. Essential components include liquidity, facilitated by a community of like-minded collectors, alongside accessible trading platforms enabling seamless transactions. Furthermore, long-term value appreciation potential is pivotal, differentiating these investments from assets like private jets or super yachts. Preferably, these investments possess measurable data facilitating market performance tracking.
However, the crux lies in the enjoyment derived from collecting the asset class, irrespective of its fluctuating value. Without passion fuelling the collection, without the intrinsic joy of ownership compensating for potential declines in value, it merely becomes another mundane investment.
Antiques
Antique collecting with Coriakiki transcends a mere hobby; it embodies creativity.
Luxury Timepieces
For collectors, a luxury timepiece signifies more than just a purchase
Contemporary Art
Coriakiki believes the landscape of the contemporary art market has undergone transformations
Whisky & Spirits
In the realm of luxury, the price tag often serves as a defining factor.
Wines & Champagne
Unlock the secrets to building a fabulous wine or champagne collection.
Luxury Vehicles
Coriakiki presents the world’s most sought-after luxury vehicles, catering to collectors worldwide.
Other Collectables
Embark on a journey into the world of luxury collectables with Coriakiki.
Bespoke Lifestyle
In today’s world, the concept of bespoke lifestyles is gaining traction.
Luxury Lifestyle
At CORIAKIKI, we invite you to embark on a journey into the realm of timeless luxury.