[ad_1] We live in very different times, and one sign of the changed landscape is a general acceptance of art as a financial asset. The latest research from Deloitte and ArtTactic finds that 85% of wealth managers believe art and collectibles should be part of their client offering. In 2014, the equivalent survey found that
[ad_1] Launched in 2017, the investment platform Masterworks has made investing in contemporary art accessible and streamlined—pioneering a new way of engaging in the art market. Recently, Masterworks announced the acquisition of its 250th painting, itself an exciting benchmark in the company’s holdings that also heralds the steady expansion of its collection. Traditionally, investing in
[ad_1] Fine art has been recognised as a store of monetary and cultural value for centuries and fractionalisation means it no longer need be the preserve of the ultra-rich It has been an exceptionally challenging 2022 for almost all investors. Issues like the Russian invasion of Ukraine and rising inflation have not gone away, and
[ad_1] Andy Warhol’s Shot Sage Blue Marilyn sold for $195 million at Christie’s. Fine art and collectable cars are the luxury investments with the strongest growth, according to Knight Frank‘s 2023 Wealth Report Amid the economic turmoil of 2022, investment in luxury assets grew – with fine art experiencing an annual boost of almost 30
[ad_1] 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,
[ad_1] 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
[ad_1] 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
[ad_1] 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
[ad_1] 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
[ad_1] 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