Luxury Watch Asset Manager Timetrade Investments Launches in Dubai
European luxury watch asset manager Timetrade Investments has launched operations in Dubai as part of its global expansion, positioning luxury timepieces as an alternative investment asset class.
The company, which has over a decade of documented performance managing portfolios of watches from brands including Rolex, Patek Philippe, and Audemars Piguet, has established its first strategic base in Nad Al Sheba.
Investment Performance
Since 2019, Timetrade's portfolios have increased by 300% for low- to middle-risk profiles. The company's luxury watch index has outperformed the S&P 500, OMXC25, and gold since 2020, with actively managed portfolios delivering an average IRR of 15-18% annually.
"We are seeing a strong and globally growing interest in luxury watches as an asset," said Daniel Niels Nielsen, Founder of Timetrade Investments. "In an era of volatile stock markets, unstable inflation, and fluctuating gold prices, Timetrade's portfolio of luxury watches has delivered stable and risk-adjusted results through upturns and downturns."
UAE Market Entry
Dubai houses more than 86,000 millionaires, 251 centimillionaires, and 23 billionaires, ranking as the fourth wealthiest city in the EMEA region according to New World Wealth.
Timetrade offers two investment models: Ongoing Invest for active trading with quarterly returns distribution, and Stack Away Invest for long-term asset appreciation strategies tailored to individual risk profiles.
"Settling in the UAE is only the beginning," added Nielsen. "We see it as a first step on our journey towards positioning luxury watches as a global asset class for private as well as institutional investors."
The global luxury watch market is projected to grow 5% annually until 2030, reaching a value of $2.2 billion according to MarkNtel Advisors.
To find out more, visit: timetradeinvestments.com