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"Most families in India want to keep their legacy alive andprivate museums serve the purpose," Satya Bansal, chiefexecutive officer of Barclays" wealth and investmentmanagement businesses in India, said. "Also, in fine art, thevalue of the asset appreciates if it is known to public at large.We have been requested by our clients to help them in setting upprivate museums displaying their treasure assets." Bansalrefused to share more details on such clients. The museums will also help in preserving personal assets of wealthyindividuals without the need for family funding. "If thereare some revenue streams like viewing fees, that will be used forpreservation of these assets," Bansal said. The popularity of private museums in India is gaining despite richindividuals in the country investing only a small portion of theirwealth in treasure assets. According to a Barclays survey, mostIndian high net worth individuals prefer to invest in preciousjewellery. There is also high demand for classic automobiles andprecious metals. But assets such as wine, stamps and coins are yetto attract large number of Indian affluents. "India is still at an early stage of aspiration cycle. Hence,most wealthy individuals still prefer to invest in assets wherethey expect some return. Given some of the difficulties associatedwith maintaining, securing and liquidating treasure assets, itappears that precious metals and jewellery are likely to pay thegreater return," Bansal said.Hnis plan private museums to display treasured assets - China Spherical Roller BearingHnis plan private museums to display treasured assets - China Spherical Roller BearingHnis plan private museums to display treasured assets - China Spherical Roller BearingHnis plan private museums to display treasured assets - China Spherical Roller BearingHnis plan private museums to display treasured assets - China Spherical Roller BearingHnis plan private museums to display treasured assets - China Spherical Roller Bearing The e-commerce company in China offers quality products such as China Spherical Roller Bearing , Linear Motion Ball Bearing Manufacturer, and more. For more , please visit Angular Contact Ball Bearing today!
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