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Economy

The ultra-rich are piling into Rolexes, rubies and Klimts as inflation hedges—but the real return may be about more than money

Headline as filed by Fortune.

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Publisher Headline Summary Published Detected Delay Source Status
Fortune The ultra-rich are piling into Rolexes, rubies and Klimts as inflation hedges—but the real return may be about more than money
Nearly two-thirds of family offices now hold assets like art, watches and fine jewelry, a new BNY survey finds. The evidence on whether they pay off is mixed. Their value as a signal of wealth is not.
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