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Investors eyeing diamonds as long-term haven for their wealth

An emerging second tier of the wealthy is taking a stake in rare gemstones via specialist investment funds

The 14.62-carat Oppenheimer Blue fetched a record US$57.5 million for any jewel sold at auction.


IN a packed Christie's auction room in Geneva, one could hear a pin drop as two anonymous bidders slugged it out in their quest to own the world's most exquisite blue diamond.

The room in the Four Seasons Hotel des Bergues was filled with multi-millionaire collectors and