Elizabeth von Habsburg, Nanne Dekking and Peter Loukas are at the helm of the new Winston Artory Group. Courtesy of the Winston Artory Group After Art Basel, the art world usually drifts toward its summer destinations and settles into a lull. This year, however, was different. Despite the sluggish market the industry has faced in
Michael Segura, executive director of the Garcia Center for the Arts, didn’t mince words when IECN pointed out the chorus of social-media comments claiming arts investment here is a waste of money. “Are the people saying this the police?” Segura quipped on IECN’s Inland Insight podcast on July 18th. “Our police take so much of
Luxury assets like art, jewellery, antiquities, watches, are no longer just personal pride, but are increasingly being considered serious investment as well. As per Kotak Mahindra Bank’s Top of the Pyramid 2024 Report this year, as many as 94% of ultra-high-net-worth Individuals own jewellery, with 79% planning further acquisitions. Art is a close second with
Art Basel has announced that it will open a new art fair in Qatar—ending months of speculation about potential collaborations between the Swiss fair behemoth and different sites in the Middle East. “Since joining Art Basel in this role about two and a half years ago, we have set it as a goal to have
Image via C-Monster/Flickr CC When I wrote an article on Art as An Investment class for Equities last year, I didn’t realize the increase in art sales since and the interest investors are showing in buying art. Fine art as an investment class has outperformed the S&P 500 every year for the last 10 years.
Photo: File image Published: Thu 17 Jul 2025, 4:34 PM Mayo College of Further Education and Training has announced a major investment in a new, state-of-the-art New Generation Apprenticeship Centre in Swinford. It comes alongside the launch of new full-time courses aimed at boosting skills and employment opportunities in the region. The new centre will
Nigeria is intensifying efforts to reclaim its cultural identity through renewed investments in art, heritage, and local storytelling. According to a statement, the push was part of a broader shift across the country to revive traditional practices, restore historical memory, and re-establish cultural autonomy. Speaking on ‘Dreaming in Color’, a podcast by The Bridgespan Group,
Investment buying is taking on a more personal, considered tone — fewer impulse splurges, more thoughtful additions. We ask some stylish New Zealanders to share the pieces they cherish. In 2025, investment buying looks rather different, with even first-time luxury buyers not opting for flashy seasonal drops, but rather iconic pieces that they’ve been coveting
Slowdown, slump, shakedown, stagnation. Call it what you will, the international art market is going through what many people in the industry feel is a consequential, perhaps seismic moment. For their May sales in New York, Sotheby’s, Christie’s and Phillips raised a combined total of $1.27bn from their marquee auctions of Modern and contemporary art,
The art trade has a knotty relationship with investment funds. Although the $57.5bn art industry has arguably been built on the premise that art is a good investment, the bare-faced profit pledges of funds make traditionalists squirm. Art funds famously boomed in the early 2000s, when the rise of the contemporary art market seemed inexorable.