Asset managers helping clients diversify into luxury asset management must understand that Persian and oriental rugs represent sophisticated investments requiring specialized knowledge, authentication protocols, and comprehensive care strategies to protect and enhance their substantial value over time.   For most people, a rug is decorative flooring; however, for sophisticated investors, they represent bringing history into portfolios while generating excellent returns. The 2013 Sotheby's auction saw a bidder pay over thirty-three million for the "Clarke Sickle-Leaf," stunning experts expecting only ten to fifteen million.   While clients may not invest at that level, authentic Persian or oriental rugs require significant capital. Asset managers must guide clients through essential luxury investment considerations before making such commitments.   Authentication: The Foundation of Luxury Asset Management   As with any collectible investment, ensuring authenticity is paramount. Origin determination remains one of the most…