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2009 World Wealth Report highlights art as safe-haven investment

 June 2009 - The financial crisis and economic uncertainty clearly had an impact on High Net Worth Individuals' investments of passion and lifestyle spending according to the 2009 World Wealth Report just released from CapGemini and Merrill Lynch. However, HNWIs did gravitate to art as a primary passion investment, increasing their pre-crisis levels as a means of "flight to quality", with the idea that art may hold its value better in the long term.  Read more