There’s been a shift in allocations impacting on luxury asset value, according to the Knight Frank’s Wealth Report 2024.

The Knight Frank Luxury Investment Index fell 1% over the year, pulled down by falling values in rare whisky, classic cars, handbags and furniture. Meanwhile, art, jewellery and watches helped offset some of these falls.

But does this reveal a need for an ever more discerning approach from investors? Where should you store your wealth in 2024?

On Wealth Tracker, Hongbin speaks to Liam Bailey, Global Head of Research at Knight Frank for a look into luxury investment markets.

There’s been a shift in allocations impacting on luxury asset value, according to the Knight Frank’s Wealth Report 2024.
The Knight Frank Luxury Investment Index fell 1% over the year, pulled down by falling values in rare whisky, classic cars, handbags and furniture. Meanwhile, art, jewellery and watches helped offset some of these falls.
But does this reveal a need for an ever more discerning approach from investors? Where should you store your wealth in 2024?
On Wealth Tracker, Hongbin speaks to Liam Bailey, Global Head of Research at Knight Frank for a look into luxury investment markets.

Your Way Home with Hongbin Jeong is your 4–8pm drive companion,

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s biggest headlines, trending conversations and the issues shaping Singapore and the world.

From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what’s happening — with clarity, context and a touch of personality.

Whether you’re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected — all the way home.

And she closes the day with a song that says it all.

Your Way Home with Hongbin Jeong is your 4&ndash;8pm drive companion, guiding you through the day&rsquo;s biggest headlines, trending conversations and the issues shaping Singapore and the world.
From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what&rsquo;s happening &mdash; with clarity, context and a touch of personality.
Whether you&rsquo;re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected &mdash; all the way home.
And she closes the day with a song that says it all.