By John P. Egan
In the past luxury funds did little to stimulate interest from investors, with many opting for shorter term traditionally higher return options such as equities, bonds and hedge funds.
However in the uncertain economic climate that emerged after the 2008 financial crisis, investors are increasingly looking for alternative methods of managing their wealth.
As a result, the luxury fund sector has experienced a new lease of life, with alternative funds emerging from the woodwork.
These funds can involve investment in a wide variety of products including fine art, diamonds, rare musical instruments and vintage wines. A...