eprivateclient

HNW art collector spending reveals market remains buoyant

News Team, 05/01/2023

High net worth (HNW) collector spending in 2022 showed strong confidence in the market and significant purchasing intent, according to a report by Art Basle and UBS.

Despite uncertainties over the impact of the Covid-19 and the political and economic concerns in 2022, the international cross-border trade in art recovered strongly.

Global imports of art and antiques increased 41 percent in 2021 and exports were up 38 percent, with doubl...


Continue reading this article...


Start a free trial now for access to breaking news of the regulatory environment and legislative change happening in wealth management.







You are currently not logged in,
login to view the full article
start by clicking this button.





Need a subscription,
fill out the form here or
contact subs@eprivateclient.com


About PAM

PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.

Read more about PAM

Subscribers

eprivateclient is the leading website and news service for private client practitioners, including lawyers, accountants, trustees and fee-based IFAs.

Read more