The latest iteration of the Coutts Luxury Price Index (CLPI) shows, once again, that the rich and wealthy typically face a much higher rate of inflation than the general public..             

This has obvious implications for investment strategy as a wealthy individual or family will need a much higher return on their investments to maintain both the integrity of their wealth as well their lifestyle.

Investing in a diversified portfolio of luxury goods producers might be one way of doing this.

At the very least it should provide a logical hedge against the vagaries of luxury ...