The prices of art saw the steepest annual decline among luxury investments, dropping by 18.3% in 2024, according to Knight Frank’s ‘The Wealth Report 2025’. The report, released by the global property consultant, revealed that only half of the top 10 passion investments recorded positive growth last year. Among luxury assets, handbags emerged as the
Masterworks is an alternative investing platform for non-accredited investors to diversify their portfolios with contemporary art from famous artists like Banksy, George Condo, and Andy Warhol. Business Insider compared Masterworks to the best commodity trading platforms and investment platforms. We found it stands out for its access to vetted art investments, which are usually inaccessible
Arushi Kapoor (Photo by Rob Latour/Variety/Penske Media via Getty Images) Penske Media via Getty Images The art market is undergoing significant transformations as younger collectors infuse it with fresh perspectives and modern investment strategies. Leading this shift is Arushi Kapoor, founder of The Agency Art House, who is dedicated to democratizing art investment and advising
Cyprus is developing intelligent transport systems (ITS) and investing in state-of-the-art technology to improve the capacity of the road network, Transport Minister Alexis Vafeades said on Tuesday. In an address at a seminar on digital transportation in cities of the future, Vafeades said Cyprus depends wholly on road transport and is striving to set up
Welcome to “The Strategic Art of Storytelling in Investment and Trading,” a deep dive into the transformative power of narratives in financial markets. This video is crafted for seasoned and aspiring investors alike who are keen on not just understanding the mechanics of trading but also the profound narratives that drive market dynamics. Here, you
Art’s status as an asset remains up for debate, but as its proponents grow more sophisticated, there are signs that this fragile field could reap rewards for some. Wealth managers have certainly had their heads turned — in 2023, 90 per cent of 435 art and finance stakeholders surveyed by Deloitte and ArtTactic believed that art and
Addressing inequality in cultural education requires sustained long-term investment, not “short-term governmental funding cycles”, according to the chief executive of Arts Council England. In an updated version of his 2016 book The Arts Dividend, Darren Henley writes, “We need to ensure that there is enough investment to make high-quality cultural education a part of every
AstaGuru, a renowned auction house, has announced a significant strategic investment from Adar Poonawalla’s family office, acquiring a 20% stake. Known for his passion for art, Poonawalla’s investment aims to fuel the expansion of AstaGuru’s presence locally and internationally, harnessing the power of technology to enhance the art ecosystem. This partnership underscores Poonawalla’s vision
An important milestone for Saudi Arabia’s art scene takes place this month as Sotheby’s holds the country’s first major auction on 8 February. The auction house announced its official incorporation in Saudi and a new office in Riyadh late last year. “In the last five years, with Mohammed bin Salman coming to power, there has
Art as an investment isn’t a new idea, but there seems to be a fresh infusion of interest, led by aspiring collectors in their 20s, 30s, and 40s. In a departure from convention, many are looking for art that is against the grain—diverse, digitally produced, carrying a value that isn’t merely measurable with money. They