“Invest in one of the best performing asset classes of the decade.” “Invest like billionaires.” “Six reasons to invest in blue-chip art.” “The art market is booming. The time to invest is now.” So read the straplines of just some of the targeted advertisements currently filling potential collectors’ and, perhaps more accurately, investors’ inboxes and
London, England, July 12, 2024 (GLOBE NEWSWIRE) — ValueZone, a forefront cryptocurrency trading platform, has introduced advanced trading bots designed to enable users to generate passive income efficiently from the crypto market. This innovative service underscores ValueZone’s commitment to providing cutting-edge solutions catering to novice and seasoned investors. Innovative Trading Bots for Passive Income:
Patrick Drahi, the founder of the Altice telecom empire, is a wily and unsentimental investor—a master at using debt to finance his aspirations. In 2019, he surprised the world by acquiring Sotheby’s for $3.7 billion and taking it private, financing a large portion of the acquisition with $1.88 billion in bonds. But as Altice struggles
Over 1.4 million members of Australian Retirement Trust (ART) will transition into a new investment strategy as the fund pivots to a high-growth default offering in the financial year 2024–25. From 1 July 2024, the fund has announced it will invest members under the age of 50 into a MySuper investment strategy that is equivalent
In a move that could reshape the global art market, Abu Dhabi’s sovereign wealth fund, ADQ, has announced a $1 billion investment in Sotheby’s, acquiring a minor stake in the 275-year-old auction house. This capital injection supports Sotheby’s growth and expansion, particularly in establishing a more substantial presence in the Middle East. The investment comes
In a recent fireside chat, Giovanni Amodeo, host of the ION Influencers series, sat down with Ian Patrick, the Chief Investment Officer (CIO) of Australian Retirement Trust (ART), to explore the evolving landscape of private markets in Australia and ART’s strategic approach. The discussion covered key topics including: Patrick’s Role at ART: Patrick shared insights
At the moment the market for modern Indian art is very strong, with many new records being set at public auctions. There are a number of new collectors entering the market, all of whom are discerning and well educated or advised about what to acquire. These collectors are particular about factors such as condition, provenance,
Abu Dhabi Investment Office (ADIO), in collaboration with the Abu Dhabi Department of Education and Knowledge (ADEK) and a multinational consortium led by Plenary Group and BESIX Group, has inaugurated three state-of-the-art schools in Abu Dhabi’s Zayed City. The project marks the first time that school infrastructure has been developed and delivered in the UAE
Eric Bravick, Head of AI at CryptoOracle Labs (Marc Horowitz) At an August 22 seminar at the Contessa Gallery on Main Street in Southampton, attendees were treated to a multi-event presentation focusing on the intersection of artificial intelligence, art and investing. The free program was presented by Hamptons Masterminds and co-sponsored by Dan’s Papers. The
With art being increasingly viewed as a viable form of alternative investment, exhibitiions are being held this month in New York and London of the work of expressionist painter Lancelot Ribeiro. A Bombay-born artist”s series of exhibitions in London and New York highlights how the worlds of fine art and wealth continue