Luxury Magazine Robb Report has launched its own fund.
The theory is that luxury goods are nearly inflation proof. What billionaire is going to stop buying the latest Gulfstream or Bentley, just because they dropped a few million playing Baccarat?
If you believe that theory, then there is an Exchange Traded Fund just for you from Claymore Securities and Robb Report.
Caution: if you invest in ROB, immigration may visit your Villa to deport your staff, and you may lose money.
Key Themes Behind This Trend
- Luxury Investment Funds
- There is an opportunity for other publications to launch their own luxury investment funds to cater to the growing demand for opulent investments.
- Inflation-proof Investments
- There is an opportunity for financial institutions to develop more investment options that are deemed inflation-proof to attract high-net-worth individuals.
- Alternative Investment Vehicles
- There is an opportunity for fund managers to explore alternative investment vehicles such as exchange-traded funds to cater to the investment preferences of high-net-worth individuals.
Where This Applies
- Wealth Management
- There is an opportunity for wealth management firms to develop specialized investment products for high-net-worth clients that cater to their preference for luxury investments.
- Luxury Goods
- There is an opportunity for luxury goods companies to collaborate with investment firms and launch their own investment vehicles to capitalize on the growing demand for opulent investments.
- Financial Publishing
- There is an opportunity for financial publishing companies to leverage their expertise and influence in the finance industry to launch their own investment funds catering to a niche market such as luxury investments.
