If you’ve ever wondered how the world’s wealthiest people invest their millions, there’s one area that’s gained a lot of traction recently. According to The Wealth Report 2023, published by Knight Frank, art was a top investment performer in 2022. The report, which surveyed over 500 private bankers, wealth advisors, and family offices, revealed that the
Investing in fine art continues to offer investors significant long-term return potential, alongside the opportunity to manage tax liabilities. The Frieze Art Fair saw its 20th high profile event in London in early October. This gathering of artists, collectors, wealth managers and their art-obsessed clients, in a small tent city in the corner of Regent’s
Across London, New York, and Paris this month some of the greatest treasures on earth will be bought and sold in unruffled, measured tones. Autumn marks auctions in the art world and a chance for many to add a prized asset to their collections. However, while purchases may pull at the heartstrings of their new
Impact investing is a strategy where investments are made in companies, organizations, and funds with the intent to generate a measurable, beneficial social or environmental impact alongside a financial return. This approach to investing marks a shift from traditional investment strategies that focus solely on financial gains, without considering the social and environmental consequences. Key
Self portrait with Braid, 1941. Artist Frida Khalo. Miguel Medina/AFP via Getty Images These days, it seems like every asset manager is offering advice to their private clients about how to build a portfolio of alternatives. J.P. Morgan says the typical range among their private bank clients is 15 percent to 30 percent of their
We have invested in two new state-of-the art aerial ladder platform (ALP) vehicles, worth a total of £1.3 million, to help us to keep firefighters safe and tackle difficult to reach fires. The ALPs, which will be based at Longton and Burton, will be used from February next year and are designed to apply water to
The French cultural investment fund ArtNova has acquired Art Market Minds, the company behind the Art Business Conference, a series of annual one-day conferences that take place across the globe. This year, the organization will celebrate one decade since its first event in London in 2014. The conference’s founder Louise Hamlin will keep a minority
Artprice by Artmarket has read the article by Martine Robert and Anne-Sophie Vion published on 25 January 2024 in the French financial newspaper, LES ECHOS titled “Exclusive: FrenchArtFund, the first art investment fund regulated by the AMF”, in which Artprice is mentioned as a specific value sought by the mixed Specialized Professional Art Fund: https://www.lesechos.fr/industrie-services/services-conseils/exclusif-frenchartfund-le-premier-fonds-dinvestissement-dans-lart-agree-par-lamf-2071367
Art economics professor and author Magnus Resch wants more people to buy art, and to do so because they love it and want to support the artists who create it. The problem is many potential collectors—people who love to visit museums and go to art openings and art fairs—just look and don’t buy. “The art
Image: Shutterstock Investing in art has long been an intriguing but complex endeavour, offering a unique set of opportunities and challenges for those willing to navigate its waters. While the financial value of art has been established by the consistent performance of top-ranked artists, there are several factors to consider when delving into this world.