Republican James Comer has issued a statement claiming that Hunter Biden, the son of U.S. President Joe Biden, was aware of the identities of buyers of his artworks, according to statements made by his gallerist. If true, this contradicts an alleged White House ethics agreement that was widely reported when Biden debuted his newfound career
Doha, Qatar: Alford Hughes, Qatar’s only prime international real estate office, has announced the release of the second edition of the Global Investor Guide in collaboration with Qatari Artist Abdulaziz Yousef, popularly known as ‘Temsa7’. Building on the success of its previous collaboration with Qatari artist, Bouthayna Al Muftah, for the inaugural edition, Alford Hughes
Art can inspire awe and appreciation—but it can also appreciate in value or provide protection against inflation. Christophe Spaenjers, an associate professor of finance in the Leeds School of Business, studies real assets, including art, and has found that artworks can be a better way to preserve purchasing power than traditional investments like bonds. However,
India Art Fair, a leading platform for showcasing modern and contemporary art from India and South Asia, is returning at a time when the Indian art market is on a new high, achieving record-breaking prices at auctions, and artists from the region becoming a part of global conversations as never before. Ahead of the 15th
Swiss banks are heavily invested in art, yet the understanding of art as an investment often lags in the industry. A startup of a former banker aims to change this. Trading art like stocks – this is an idea that resonates with former UBS manager Andrea Orcel. As reported by finews.ch, the top banker serves
These innovation-driven EV companies will survive the headwinds and emerge stronger in the coming quarters Source: petovarga / Shutterstock I largely tend to average up on my investments as the business conviction grows. I am not a big fan of averaging down. However, there are scenarios where averaging down makes sense. A good example is
The National Gallery, London celebrates its bicentennial this year. In honour of that milestone, PhD student Luisa Bicalho Ritzkat presents findings from her research in which she is quantifying the gallery collection’s nominal rate of return across the twentieth century. Her work reveals that the National Gallery’s returns were higher than previous estimates, competitive with traditional asset
PASADENA, CA — Stefan Simchowitz, 53, is no one’s idea of a viable candidate, including his own. “I have no illusion that I can win or that I stand a chance to win, which is also quite liberating, because I’m not running to win a campaign. I have no prayer,” he tells me. Simchowitz, who is running
Electronic Arts hosted its Investor Day event to share EA’s long-term growth strategy and provide an in-depth look at the initiatives driving its three strategic pillars: entertaining and engaging massive online communities, creating blockbuster interactive storytelling, and harnessing the power of community to accelerate growth in, around, and beyond our games. “We are excited
Art Market Maxwell Rabb Last year was a rocky one for the secondary market. Sotheby’s, Christie’s, and Phillips—broad public barometers of the market’s performance—all reported a dip in sales for 2023, characterized by persistent economic uncertainty. In 2024, there are more murmurs of positivity. Though economic growth is broadly forecast to taper and geopolitical tensions