SINGAPORE – A co-owner of distressed art investment firm Art Works, which went into liquidation abruptly on Oct 30 , has pledged commitment to ensure a proper winding up for the company and that former employees’ salaries will be a priority. Mr Chris Hallewell, who is also the firm’s chief operations officer, said that he
Billionaire-class families are now reportedly chasing into a new trading strategy. High-net-worth clients of the banking giant JPMorgan are increasingly attracted to sports teams as they continue to mature as assets, reports Bloomberg. Data from JPMorgan shows that about 20% of the 111 billionaire families served by the bank have purchased stakes in sports teams,
Capula Investment Management’s former chief US compliance officer accused the hedge fund firm of wrongfully firing him for raising concerns about the expensing of artwork and private jet travel as well as certain trading activity. Igor Abramov sued London-based Capula late Monday in Manhattan federal court, claiming he was subject to retaliation and terminated in
The report authors warn that without reform the market risks alienating the very demographic set to inherit and expand it. Mid-market works (priced between US$50,000 and US$1 million) emerged as a rare bright spot, proving more resilient amid the broader slowdown. Valued at roughly $8 billion in 2024, this segment represents a largely untapped opportunity
Like Ms Kettle, Singapore-based artist Zhang Fuming was also caught off guard. He found out about the liquidation on Friday through CNA’s queries. He has two pieces held by Art Works that are valued at around S$10,000. Mr Zhang said there were earlier hints of trouble when, two weeks ago, the gallery asked him to
Follow indigenous artists from the Wind River Reservation in ART OF A HOME: A WIND RIVER STORY – November 1 at 9 pm Posted on: Sunday, October 26, 2025 < < Back to feed ART OF A HOME: A WIND RIVER STORY Saturday, November 1 at 9:00 pm From modern art to beading and
I often wonder why only some active investors succeed while most fail. With the advent of the internet, commission-free trading, and more information accessible than ever in human history, small, individual investors are empowered like never before. Nevertheless, despite the many tools at their disposal, it seems to make little difference. It’s the Market, Silly
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Art is a legitimate but illiquid asset class offering diversification and enjoyment. Only top-quality works drive returns, making access and research essential. NFTs and digital art remain volatile but present evolving investment opportunities. Art has been bought, sold, passed down and fought over for centuries.
Book of Value by Anurag Sharma ‘Value investing’ is a broad church to which a wide variety of investors profess their faith. Anurag Sharma, in Book of Value: The Fine Art of Investing Wisely, brings a multidisciplinary flavour to the value investment genre, drawing from psychology, business, accountancy, mathematics and philosophy along the way. Behavioural finance
Studies also suggest that the average return on art investments is rather less spectacular than those of the Leonardo painting owner. A recent academic study, external, based on examining data from 1.2 million auction house sales of paintings, drawings and prints, concluded that art appreciated in value by a modest 3.97% per year, in real