If you don’t know that much about modern art, but you know what you like – or, better still, feel you could spot the next Damien Hirst – now could be the time to put some money into one of the few alternative investments you get to enjoy as it appreciates: contemporary art. In the
The shift is subtle, but unmistakable: art in India is moving from walls to wealth strategies. How is art entering India’s wealth and investment conversation? For decades, Indian wealth has largely been parked in real estate, gold and equities. But as portfolios mature, investors are increasingly seeking assets that combine financial
Unlike many other assets, artworks held by a natural person as part of a private collection can qualify as “personal-use assets”, meaning profits on sale may fall outside the capital gains tax (CGT) in certain circumstances. Listen:The role and impact of alternative investing [Oct ’24]Alternative assets on the ascent: Investing outside the box [Sep ’24]
If you enjoy art, investing in it carries a certain appeal: why not make money from your knowledge and passion? But the art market isn’t nearly as simple as some would have you believe. In December, the Advertising Standards Authority (ASA) banned adverts from four art firms: Artscapy, Hartco Consultancy, Her Fine Art (Her Galleries
I have just bought an original Vernon Ward – a large and beautiful oil painting of a vase of roses completed in the 1930s or 1940s. How can you possibly afford an original Ward on a journalist’s salary, I hear you say? Or perhaps I hear you say nothing of the sort. After all, I
Public art is once again in the forefront of people’s minds with the upcoming Olympics in London. Outside the stadium in Stratford rises the AncelorMittal Orbit which will be the tallest sculpture and the largest piece of public art in the UK. Standing at 115 meters tall the sculpture by Anish Kapoor is also an
It can be financially feasible to buy properties on sites with declining balance land tenures. As leases near expiry, the path to switching to interim uses needs to be smoothened for more productive land use. [SINGAPORE] When news broke in July of the sale of Hotel Miramar Singapore, what stood out was that the property
By TOBY WALNE, CHIEF MONEY REPORTER Updated: 09:32, 3 March 2014 Art lovers don’t have to be super-rich to become investors in their favourite works. You can track down the next Damien Hirst, Picasso or buy into an Oscar-winning movie or West End hit –and even be able to afford a Stradivarius violin (or at
Anita Heriot, president of The Fine Art Group, joins BNN Bloomberg to discuss the pitfalls of art investment and share how to make the most out of an art invers Just recently, about 27 paintings from Hudson’s Bay’s collection were sold for nearly $5 million at an auction. Around the same time, a portrait of
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Art is a stable alternative asset that can diversify and strengthen portfolios. Define goals, research markets and set a budget before making art investments. Long-term, strategic collecting blends personal fulfillment with meaningful financial appreciation potential. Picasso, Monet, Rembrandt — for the average person, these names