UBS(US:UBS) 第一财经·2025-11-13 10:00Core Insights - Despite increasing global economic uncertainty, high-net-worth individuals are continuing to invest in art, with a projected increase in wealth allocation to 20% by 2025, up from 15% in 2024 [2] Group 1: Investment Trends - Ultra-high-net-worth individuals with assets exceeding $50 million have an average art asset allocation of 28% [4] - Gen Z collectors are leading trends in new categories such as luxury bags and sneakers, with their average spending on sneakers being nearly five times that of other groups [4] - Millennials are spending more in decorative arts, design, and jewelry, indicating a cross-category investment trend among younger collectors [4] Group 2: Chinese Market Insights - The proportion of ultra-high-net-worth individuals surveyed in mainland China is the highest at 44%, with an average wealth of $27.4 million, ranking first among the top ten markets [5] - Chinese collectors lead global spending in pure art, decorative arts, and antiques, with an average expenditure of $2.2 million, significantly higher than the median of $650,000 in other regions [5] - High-net-worth female collectors in mainland China are spending more than their male counterparts, with their average expenditure being over twice that of men, contributing to a more innovative and diverse art market [6]