A strong art market led to ‘credible’ returns for Knight Frank’s Luxury Investments Index. Last May, Andy Warhol’s painting of Marylin Monroe (pictured) sold at a Christie’s auction in New York for a record-breaking $195 million / Image: ANGELA WEISS/AFP via Getty High sales figures for artworks are driving solid investment returns for UHNWs, according
Back in April this year, the Australian Retirement Trust (ART) announced it had opened its first overseas office in London in a bid to further capitalise on international investment opportunities. “The plan is to grow our presence in the UK incrementally; we’re not expecting to be a big operation,” a spokesperson told InvestorDaily at the
Actress and artist Jemima Kirke has collaborated with Anthropologie to launch a one of a kind collection of art, bringing her creative sensibilities to walls near you. The collection consists of 18 pieces of art, across different mediums including watercolor and collage — each with an interesting, expressive quality. From evocative abstracts and modern portraits
A fuller extent of the financial woes faced by Sotheby’s has been revealed in a Financial Times report, which says that core earnings for the auction house dropped by a massive 88% in the first half of 2024. The news comes amid a wider art market slump marked by a decline in sales, staff cuts
Wednesday, 16 October 2024 Thank you for joining us for this special event. Today we stand at a critical juncture. The next six years will determine whether we succeed in achieving the Sustainable Development Goals, including SDG 3 on good health and well-being – in the Eastern Mediterranean Region and globally. The WHO Investment Round
What is Masterworks? Masterworks is an investing platform that lets you buy shares in high-value artworks created by well-established artists. Founded in 2017, the New York City-based company aims to open up the world of fine art investing to a wider audience. Masterworks utilizes a specialized research team that uses proprietary data to
Best Books On Stock Market Investment: Well, as they say, limited knowledge is harmful, it resonates well when it comes to the stock market. People often make mistakes in the stock market and regret them later. To make it easier for you we have reviewed some of the best-selling books on stock market investments. These
The fine art market continues to boom. It seems that every day, another auction record is set for “the highest price ever paid.” So what does that mean for the painting you bought to match your sofa a few years back? It may increase in worth, or it may be as salable as your kid’s
Since opening to the public on October 1, 2011, Alexis Galleries has grown from a small space in Victoria Island, Lagos, into a hub for artists, artworks, and artist promotion, amid over 70 exhibitions and many residencies. In this interview, Patty Chidiac Mastrogiannis, the founder of the gallery, shares with Obinna Emelike the reasons for
Is art a good investment? The recent mega-auctions in New York have brought out the siren song that art often outperforms other asset classes like real estate, while the Wall Street Journal declared that art achieved a 10.6 percent return in 2018 based on Art Market Research’s Art 100 Index, outpacing all other categories. One