Movie posters are among a slew of alternative investments that are outperforming traditional assets, from Hermes Birkin handbags to Apple 1 computers, as collectors bet on rarity and star value.
It took luxury-goods makers about a decade to realize that the Internet represented an opportunity. Now, they’re finally figuring out it’s also a threat.
For firms like Citi Private Bank, teaching future inheritors how to invest in art is one tool to help retain the heirs when the family wealth is passed on to them.
Anthem struck a deal to buy rival Cigna for $48.4 billion, wrapping up almost a year of contentious negotiations and potentially creating the largest health insurer in the U.S.
