Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hollywood powerbroker Ari Emanuel is buying the Frieze global art fair and publishing group from Endeavor, the entertainment group he co-founded, in a deal valued at $200mn. The sale is likely to close in the
What’s an estimate in the art world? Turns out it’s just a polite suggestion.As per the Indian Art Investor 2024-25 Art Market Report, the sale of Indian Modern and Contemporary art at auctions globally clocked in at Rs 1,016 crore. But, while paintings are breaking records, there’s one segment that’s quietly on carving out a
Minto Apartment (TSE:MI – Free Report) – Research analysts at Raymond James lifted their Q1 2025 EPS estimates for shares of Minto Apartment in a report issued on Wednesday, April 23rd. Raymond James analyst B. Sturges now forecasts that the company will earn $0.24 per share for the quarter, up from their prior estimate of
It’s raining records in the Indian art market. On Wednesday evening Tyeb Mehta’s Trussed Bull 1956 was sold for Rs 61.80 crore ($7.27 million), nearly nine times its higher estimate, creating a new record for the artist and becoming the second highest valued artwork by an Indian artist sold at auction globally. Interestingly, it has tied with
Global art market sales were down around 12% in 2024. The art market had a brutal 2024, with global sales declining 12% by value, according to a new report by Art Basel and UBS. The pain was spread across borders. Sales in the US fell 9% by value year over year; in China they fell
Getty Images/AFP Marina Picasso is selling her collection of her grandfather’s work and “letting go of the past.” Earlier this year, we learned that Marina Picasso, the granddaughter of famed Spanish artist Pablo Picasso, planned to sell off her grandfather’s art from her private collection. Early rumors hinted that she would be parting with seven very
For centuries, high-value assets like real estate, fine art, and private equity have remained largely inaccessible to average investors, locked behind high minimum investments and complex ownership structures. Today, that paradigm is shifting dramatically as blockchain technology enables the tokenization of real-world assets (RWAs), making them divisible, more liquid, and globally accessible. At the forefront
Enjoy complimentary access to top ideas and insights — selected by our editors. A friend’s son asked if he could meet with me, and I was glad to meet. He is a college business student, and I thought he wanted some career advice. Instead, he told me he was representing a business startup and asked
Celebrated investor Vijay Kedia offers his timeless wisdom on stock markets-and wealth protection, and financial independence-in this episode of HT Prosperity Tales, presented by BSE India and Hindustan Times. Vijay Kedia, Veteran Investor & MD of Kedia Securities, shares his time-tested investing principles on HT Prosperity Tales, presented by BSE India. With his decades of
The propect of huge returns on paintings were held out by Morgan & Brooks, but Andrew Penman sensed something was wrong 09:57, 03 Aug 2023Updated 10:01, 03 Aug 2023 Fake: The Morgan & Brooks gallery is actually the Perrotin – you can see part of its name in the window Art investment sales rep Alex