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Reasons for including art and collectibles in wealth management worldwide 2011-2017

Reasons for including art and collectibles in traditional wealth management and private banking worldwide from 2011 to 2017

The data depicts the reasons for including art and collectibles in traditional wealth management and private banking worldwide from 2011 to 2017. In 2017, 48% of respondents stated "art and collectibles offer portfolio and asset diversification" as a reason for including art and collectibles in traditional wealth management and private banking.

Need to develop a holistic advisory relationship with our clients (look at all assets of your clients) 85
Art is accounting for a larger share of clients' overall asset value/ wealth 17 27 36 45 73
Increasing competition in the Private Banking sector forces new ideas, products and solutions 83 47 38 51 72
To be able to manage the extended wealth of their clients (not only traditional portfolio) 65
Client entertainment 61 27 36 41 55
Client demand: Economic situation investors looking for new investment opportunities 28 53 34 49 55
Clients are increasingly demanding their Bankers to help with art related issues 11 33 38 48 55
The value of art is increasing, triggering a need for bank related services to protect, enhance or monetise the value 28 43 33 40 54
Art is a store of value 28 43 35 51 54
Art and collectibles offer portfolio and asset diversification 56 43 43 54 48
Art could generate higher return on investment than some traditional investments 25
Art offers protection against inflation 22 40 15 30 15