Alternatives desk

Passion assets

Wine, whisky, watches, art, classic cars, coins and stamps as investments, always net of storage, insurance, dealing costs and tax, with the risk of being unable to sell named.

State of play

Passion assets · Explainer

Art as an investment: prices, costs and liquidity

Global art sales rose 4% to an estimated US$59.6bn in 2025, but the growth sat at the top of the market and art pays no income. Fees on both sides of a sale, the artist's resale right and capital gains tax on works above £6,000 all cut into any gain, and selling can take time.

By TID Editorial Desk · · 6 min read

Passion assets · Explainer

Whisky casks: what the public record shows

Casks of whisky are sold as investments with no FCA regulation, no published price list and no compensation scheme behind the buyer. The court, police and advertising record shows what goes wrong and what proper ownership papers look like.

· 7 min read

TID Professional

The Alternatives Professional room

Market view, vehicles and due diligence, regulation and tax for advisers and wealth managers. Free to verified professionals.

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TID Professional is for investment professionals. Content in this section is not suitable for private investors and should not be relied on by them.

Coming to this room

Market view

Where the asset class stands, with the data behind it

Coming to this room

Regulation and tax

FCA, HMRC and Consumer Duty changes, and what they mean for advice

The first Professional briefings for this desk are on the way. Register to hear when they publish.