In this video we show how the Skeleton asset can be used to create sockets which we then populate with a Static Mesh. This is useful if you want to have your character hold something in their hands or attach something to a characters head like a hat. We also show how Skeletal Meshes that share the same Skeleton asset can share any sockets you define.
(00:05) - Recap & Intro
(01:54) - Adding Sockets
(03:44) - Populating the Socket
(06:50) - Making the Item Move with the Character

Release notes for Unreal Engine 4.25

Rendering in Unreal Engine 4.25 continues to push the boundaries of photorealism in real-time environments. We’ve added a new physically based Thin Transparency shading model and improved the Clear Coat shading model so that it now exhibits a physically accurate response to punctual lights. Additionally, we've added a new rendering pipeline with a streamlined workflow for high-quality rendering of movies and stills with accumulated anti-aliasing and motion blur, as well as tiled rendering for extremely high-resolution output, overcoming GPU memory limits and device timeout limitations.
Find out more about what's new in Unreal Engine 4.25: https://www.unrealengine.com/en-US/release-notes

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Unreal Engine is the world’s most open and advanced real-time 3D creation platform for photoreal visuals and immersive experiences.