Portfolio Naples July/August 2023 | Page 47

THE HIDDEN VALUE OF ARMS COLLECTING

In a period of economic uncertainty , alternative assets can provide diversification , stability , and handsome returns for the savvy investor . Consider Goldman Sachs ’ s May 2023 Family Office Investment Insights Report , where 38 % of the family offices surveyed revealed that they ’ d allocated capital to collectibles as part of their investment strategy . Across all respondents , 71 % reported that “ passion ” was their primary driver in acquiring collectible assets , while 39 % indicated their purchase was due to the potential to generate returns that are “ uncorrelated to the rest of their portfolio ” In short , collectibles are fun and offer an investment platform that ’ s untethered from conventional market trends .
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