World Wealth Report 2015. Art on millionaires allocate only 2 %
ARTinvestment.RU   09 февраля 2016

How much for 2015 have changed the number of millionaires, increased as their status and in which assets they invest. Space art-инвестиций in the portfolio "chinatow"

At the beginning of 2016 by consulting firm Capgemini and banking division of RBC Wealth Management released its annual study — World Wealth Report 2015. It focuses on the structure and behavior class "chinatow" (high-net-worth individual (HNWI)) — those whose available assets (excluding property) exceed $1 million, the report stated how a year has changed the number of millionaires, increased as their status and in which assets they invest. In this report, are interested in alternative investments, primarily "investments of passion" (Investments of Passion) — investments in subjects of passion, which, along with yachts and jewels, and fine art.

so, what we are told by foreign researchers, among which surely there is and British scientists:

• They are sad growth in the number of millionaires by the end of 2015 was at the minimum level in five years. In 2014 millionaires became 7.2% more in 2015-м — only 6.7 % (920 thousand more). We also concern on this issue, but not disheartened: all-таки millionaires did not become less.

• By the beginning of 2015 the number of millionaires has reached 14,65 million people. This one and a half times more than the population of Greece and slightly less than the population of the Netherlands. For comparison: in 2009 there were just over 10 million people. In Europe there are 4 million chinetov. Summary of the present state of the army of millionaires is estimated at $56.4 trillion. Who does not remember, a trillion — is a unit with 12 zeros.

• Structurally, 90 % of millionaires — is "millionaires next door", i.e. wealthy people with investment assets of $1–$5 million. the State more than $30 million is only 1% of 14,65 million millionaires. But this 1 % accounts for almost 35 % of the total state.

• In conventional investment portfolio millionaires only 13 % allocated to alternative investments. Moreover, alternative — is everything, not only art. On the contrary, there is little art. For comparison, on securities accounted for 27 %, and real estate 18 %.

• By the beginning of 2015 year, British researchers counted in Russia 155 thousand millionaires (it's like the population of the city Railway, that is not much less than Lyubertsy). But it's at 5 thousand less than the year before. We entered the top three countries that lost the most number of "chinatow", along with Brazil and Mexico.

• In the structure of "investments of passion" (Investments of Passion) investments in works of art is 16.9 percent. This is less than investing in jewelry (29,2 %) and even in luxury goods (20.7 percent). Under of luxury goods are defined as yachts, airplanes, collectible cars.

the authors of the report World Wealth Report 2015 do not put an equal sign between Alternative Investments and Investments of Passion, using in different parts of the document, different terminology. I can only assume that they mean that it is almost the same or "investments of passion" constitute the majority in the structure of the alternative. Then it begs the following faulty conclusion: time on alternative investments (Alternative Investments) the rich divert 13 % from the visual arts account for only 16,9 %, it turns out that investment in the arts make up only 2 % of the notional investment portfolio of the average HNWI. In General, it's more than the rich spend on sports teams and racehorses, but much less than in jewelry and precious stones. As they say, don't turn up your nose, dear art lovers. Picture of millionaires is not much in the first place on the list of priorities. While.

Vladimir Bogdanov, AI

Source: worldwealthreport.com, artinvestment.ru