Christie’s has announced it is expanding its presence in the Middle East with an outpost in Riyadh, the capital of Saudi Arabia. Meanwhile, Abu Dhabi’s sovereign wealth fund has invested $1 billion into Sotheby’s and mega collector Leon Black, former board chair of MoMA, has opened a new office in the region. Also in this
Datalign’s platform will enable Masterworks’ clients to receive expert financial advice NEW YORK, Oct. 01, 2024 (GLOBE NEWSWIRE) — Masterworks.com, the premier platform for investing in blue-chip art, is excited to announce a groundbreaking partnership with Datalign Advisory (“Datalign”), an AI-enhanced platform that matches consumers with leading financial advisors. This strategic collaboration will elevate the
“From now to the end of consciousness,” Susan Sontag writes in Against Interpretation, “we are stuck with the task of defending art”. Sontag was primarily addressing the over-intellectualisation of art that had pervaded the mid-20th century, but her words remain relevant today. It must be said, however, that Sontag called for a specific kind of
Masterworks is an online platform that allows you to invest in shares in artwork. Since it hit the market several years ago, Masterworks has offered over $700 million in investments in contemporary artwork pieces that have track records of success and strong reputations. Masterworks features artists such as Banksy, Yayoi Kusama, Jean-Michel Basquiat and Andy
A growing number of galleries around the world are offering art as an investment, but legal bodies have been slow to act in an area that is still being played out among buyers and sellers—until now. Last month, the public authority responsible for regulating the Italian financial markets suspended an offer by an Italian company
The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US A man from the United Kingdom has been given three years’ probation for a $13m wine and whiskey scam
Economy Minister Conor Murphy has announced that Derry based professional clothing company Hunter Apparel Solutions has won a £3.5million contract with the Dublin Fire Brigade. Economy Minister Conor Murphy has announced that Derry based professional clothing company Hunter Apparel Solutions has won a £3.5million contract with Dublin Fire Brigade. The contract follows a £1million investment
A vibrant display of artistic talent unfolds in Beijing on June 25, 2024. [Photo/Xinhua] A report from Cheung Kong Graduate School of Business revealed on Monday a rebound in collector confidence for Chinese art pieces, supported by optimism towards the Chinese economy. The report, namely the MM Chinese Art Indices, was unveiled by Mei Jianping,
Backed by five of the UK’s banking groups, BGF was set up in 2011 to provide patient capital to small and medium-sized businesses across Britain. We are now a certified B Corp. With a commitment to contributing to the economic resilience of the country, we aim to help companies scale the right way: through shared
We collect art for all sorts of reasons – and seemingly for no reason at all. There was no reasonable justification for me spending my entire first month’s modest teaching salary on a painting by an unknown Serbian artist, but I’m glad I did. Not because it’s gone up in value, but because I love