22 February 2018
New World Wealth’s 2018 Global Wealth Migration Review recently revealed classic cars as the “best performing investment class” of the past 10 years, but also noted that there are signs that the classic car market is slowing down. What does this mean for current collectors and potential investors? Is the slowing of the market a cause for concern?
Speaking to eprivateclient, First Names Group’s James Haithwaite discusses classic cars as an asset class, examines current trends and gives his thoughts on the apparent slowing of the market.
Click to read on eprivateclient.com
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James Haithwaite is a client services director in our Jersey office, working closely with UHNW clients and their trusted advisers to provide expert asset holding and administration services as well as a comprehensive suite of classic car collection management services.
This article has been issued by First Names Management Limited on behalf of certain companies that form part of the First Names Group. The article has been prepared for general circulation to clients and intermediaries, and does not have regard to the particular circumstances or needs of any specific person who may read it. Nothing in this article constitutes legal, accounting, tax or investment advice.
The information contained in this article has been compiled by First Names Management Limited and/or its affiliates from sources believed to be reliable, but no representation or warranty, express or implied is made to its accuracy, completeness or correctness. All opinions and estimates contained in this report are judgements as of the date of publication, and are provided in good faith but without legal responsibility.
