Exploring the World of Trophy Assets

A student-led association dedicated to understanding and analyzing alternative investments, from luxury real estate to fine art and beyond.

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In figures

Active Members: 74
Articles Published: 24
Events: 5
Divisions: 5

Latest research

All articles

Market Analysis

Financialisation of Trophy Assets: Lending Against Art and Cars

Trophy assets have traditionally been valued for scarcity and prestige rather than income. Increasingly, they are also being used as financial assets: pledged as collateral, packaged into securities, and offered to investors.

Jacqueline Gevorgyan, Ivayla Braykova, Anna Vaquiax, Leila Agonigi — Nov 2026

The indices we follow

Knight Frank Luxury Investment Index

The KFLII tracks the value of ten luxury asset classes, among them art, classic cars, wine, watches, jewellery and handbags. It is the reference benchmark for the trophy-asset market we study.

Change in 2025: −0.4%
Over ten years: +38.6%